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With Hyundai’s South Korean strike creating uncertainty for 2027-model-year deliveries, Mike Muehlenfeld of Walser Automotive Group says rental operators are maintaining normal purchasing levels and generating strong returns at disposal.
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HyreCar’s gig carsharing service will continue uninterrupted with access to Getaround digital marketplace, connected car tech and partnerships.
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While inventory is up from 2022 levels, it remains low by historical standards. Meanwhile, the estimated typical monthly payment for a new vehicle declined to $754 from the peak of $791 in Dec. 2022.
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New AI dynamic pricing engine allows rental, mobility and infrastructure operators to react instantly to market conditions.
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The movement of new vehicles into fleet increases at a consecutive monthly pace with supply freeing up after several years of constraints, according to Bobit fleet data.
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Ford's recent confirmation that Transit Connect sales will stop in North America follows a trend of automakers ending sales of their small vans.
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As part of its mission to make EVs more accessible, Free2move envisions the Fiat 500e as the new flagship offering for its free-floating and subscription car services across the U.S. and Europe.
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Days’ supply by end of November was 77% higher than at the same time a year ago and the highest since March 2021. While inventory is up from recent levels, it remains low by historical standards.
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GM has overtaken Ford as the leader in the commercial channel, Ford remains on top in government fleet sales, while Stellantis’ share dropped.
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VinFast will begin delivering its VF 8 and VF 9 models over the next 12 months to Autonomy, the LA-based subscription service startup.
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The supply issues plaguing automotive are ameliorating month over month, but to varying degrees depending on fleet type.
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