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Fleet Acquisition

Newsby StaffApril 23, 2021

10 Takeaways from 1Q U.S. Auto Sales

Sales to fleet buyers were off notably last quarter – down 28% percent from Q1 2020 – but robust retail sales more than covered fleet’s shortfall and provided reason to believe new-vehicle sales have recovered from the pandemic meltdown.

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Newsby StaffJanuary 21, 2021

EnjoyTravel.com Acquires Doorental.com

The acquisition creates growth by combining complementary customer networks and is a key step in EnjoyTravel.com’s plan to further expand in the Swedish, Italian, and French tourism markets

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Newsby StaffJanuary 19, 2021

Stellantis: World’s 4th-Largest Automaker Has Launched

Stellantis, the merger between Fiat Chrysler Automobiles and Groupe PSA, will “embrace electrification, connectivity, autonomous driving, and shared ownership,” the company said.

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Articlesby Chris BrownJanuary 4, 2021

Assessing the Ford F-150 Hybrid for Fleets

Our test of the new F-150 PowerBoost netted an extraordinary 19.2 average mpg with a 1,732-lb. payload and 25.1 mpg without. Adding PowerBoost’s 12,700 lbs. of max towing, is it blasphemy to finally turn our backs on diesel for true work applications?

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Newsby Chris BrownDecember 9, 2020

Off-Rental Wholesale Sales Volume Underscores Upside Down Year

The data from KAR Analytical Services demonstrates how rental companies sold into the used car market during the summer, traditionally the industry’s busiest season.

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Newsby StaffDecember 2, 2020

Overall Fleet Sales Continue to Improve in November

Commercial fleet sales from nine manufacturers totaled 47,942 in November 2020, representing a 11.8% overall decrease when compared to the same time last year, though this was an improvement over what was reported the previous month in October.

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Newsby StaffSeptember 9, 2020

Commercial Fleet Sales Fall 16.8% in August

Total fleet sales for the month — which is comprised of commercial, rental, and government sales — came in at 101,159, which represented a 51% drop from the same time last year.

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Newsby StaffSeptember 2, 2020

Enterprise Acquires Discount Car & Truck Rentals

Customers will have access to a broader variety of trucks, including multiple truck classes, specialty equipped trucks and moving trucks, as well as cargo and cube vans.

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Newsby StaffSeptember 1, 2020

Hertz May sell Donlen to Pay Debt, Bloomberg Reports

Hertz Global Holdings has considered selling it’s Donlen leasing business if it can get at least $1 billion and has several buyers interested in the fleet management company, chiefly private equity funds, according to a report from Bloomberg.

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Newsby StaffJuly 1, 2020

Amazon Acquires Autonomous Ride-Hailing Group

Zoox started in 2014 with the vision of purpose-built, zero-emissions vehicles designed for autonomous ride-hailing, along with an end-to-end autonomy software stack.

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