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Fleet Acquisition

Newsby News/Media ReleaseSeptember 21, 2022

Green Motion Acquires U-Save Car & Truck Rental

The U.K.-based green rental operator announces closing acquisition of the U-Save franchise business, making Green Motion the largest rental franchise organization.

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Newsby News/Media ReleaseSeptember 9, 2022

Fleet Sales Increase in August, YOY

Combined sales into large rental, commercial, and government fleets were up 14.6% year over year in August.

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Newsby StaffAugust 29, 2022

Florida EV Rental Company to Receive Tesla Model 3s

Elektros, an electric transportation company, has scheduled delivery of its first Tesla Model 3 vehicles at its rental operations in South Florida.

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ArticlesJuly 28, 2022

How Will a Recession Affect Fleet Sales?

The drawn-out vehicle shortage is producing a domino effect of issues for many fleet segments, says Cox Automotive’s Jonathan Smoke, but a potential recession may have a silver lining — if we even have one at all.

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Newsby News/Media ReleaseJuly 18, 2022

Toyota Announces New Hybrid Full-Size Sedan

Arriving in dealerships later this year, the 2023 Toyota Crown essentially replaces the Avalon, launching with a new design, two hybrid powertrain options, and standard AWD.

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Newsby StaffJuly 14, 2022

New Vehicle Prices Set Record in June

According to data from Kelley Blue Book, the average transaction price (ATP) for a new vehicle surpassed the $48,000 mark in June, the highest ATP on record.

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Newsby News/Media ReleaseJuly 11, 2022

Free2move Offers Carsharing Service in 170 Countries

With more than 450,000 vehicles available to rent, 44% of Free2move’s bookings are for a duration of one week or more.

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Newsby StaffJuly 5, 2022

Rental Fleet Sales Down 32% for H1 2022

The first-half total of 341,983 units marks the lowest rental fleet sales in at least 20 years — easily eclipsing the nadir of 788,349 units in H1 2011 as the industry dug out of the Great Recession.

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Newsby News/Media ReleaseJune 20, 2022

Free2move Adds Plug-In Hybrid Jeeps to Madrid Mobility Hub

150 Plug-in hybrid Jeep Renegade and Compass 4xe's have been added by Free2move to its Madrid hub, aligning with the company's goal to lower its carbon footprint to 50% by 2030.

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Newsby News/Media ReleaseJune 6, 2022

DriveItAway Launches Polestar 2 EV Subscription Program

The app-based platform allows retail and fleet drivers opportunity to try out a Polestar 2 electric sedan with one monthly payment, no purchase commitment or lease obligation, and the right to purchase.

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