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Rethink The Future To Avert A Race To The Bottom
Rental car operators heard a sobering industry message and a stern challenge at the close of the International Car Rental Show.
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SEARCHMENUSEARCHRental car operators heard a sobering industry message and a stern challenge at the close of the International Car Rental Show.
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Car rental companies extended a sales spike from July, while commercial fleets continue modest growth.
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Following a pilot program last year, the companies are providing access to vehicles, including hybrids and EVs, in more cities nationwide.
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The 30th anniversary International Car Rental Show heads to the Dallas area as it celebrates a legacy and pivots toward an industry marketplace and forum suited to the fourth decade ahead.
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Richard Lowden, founder and CEO of Green Motion International and president of U-Save Car and Truck Rental, elaborates on this breakfast keynote at most recent ICRS.
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Commentary: The average price of a new vehicle in the U.S. is expected to break the $50,000 barrier in 2025, as automakers begin to pass along tariff costs and the market sells a larger share of higher-end vehicles.
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Many imported luxury vehicles tangle with tariffs, and other premium brands reposition product portfolios for higher revenue.
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Once again, higher rental fleet sales come to the rescue making year-to-date sales level a dead break even.
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Solomon Cramer, president at Avis Rent-A-Car of Central Pennsylvania and North Central New Jersey, shares insights in this video about running rental cars in challenging market environments.
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The arrangement enables franchise dealers to offer flexible lease-to-own programs with no credit checks, no down payments, and no long-term commitments.
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Rental fleet sales stand out with continued increases year-over-year and year-to-date but no longer prop up the fleet segment.
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