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Rental Fleet Sales Decline 4.2% in 2026 Through July
Rental car sales fell 18% from a year earlier, while truck and SUV volume edged higher as rental operators took a more restrained approach to fleet purchasing.
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SEARCHMENUSEARCHRental car sales fell 18% from a year earlier, while truck and SUV volume edged higher as rental operators took a more restrained approach to fleet purchasing.
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Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.
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The average age of New Zealand cars has reached 14 years for an increase of 3.5 years in the past 15 years.
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Nissan invited automotive journalists to drive its 2016 Maxima large sedan on June 2 at the Bel Air Bay Club in Pacific Palisades in southern California. View photos of the eight-generation sedan that has improved fuel economy by 15 percent over the outgoing model. Read more about the vehicle here. Photos by Paul Clinton and Chris Wolski.
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Volkswagen and Audi hosted their 2016-MY fleet preview at the Porsche headquarters in Atlanta from May 18-20. Fleet managers had a chance to preview new models, and test them in training areas set up to test handling, wet surface driving and maneuverability on a cone course. Photos by Paul Clinton.
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General Motors sold the most fleet vehicles in 2014 on the strength of its daily rental fleet sales, while Ford delivered the most vehicles to commercial and government fleets amid a rising tide of vehicle sales to close out the year.
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A local dealer can be a great source for spot buys — if you know how to manage the deal.
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This year, the challenges will be both new and old, making fleet planning now more important than ever.
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As a small fleet, how much can your company pay for a vehicle and still profit in a rate-competitive environment? Here are some tips to help work toward a holding cost that is 40% of revenue.
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Action Car Rental plans to add more than 30 new vehicles to its rental fleet this summer, including Volkswagen Jettas and Ford Mustang convertibles.
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The Hertz Corp. has expanded its Dream Cars collection by adding three new BMW models: the 650i Gran Coupe, 650i Convertible and the M5.
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