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Monthly Rental Fleet Sales Dip Again As YTD Numbers Flatten
Pull-ahead demand for rental cars in the second half of 2025 appears to be slowing purchases so far this year.
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SEARCHMENUSEARCHPull-ahead demand for rental cars in the second half of 2025 appears to be slowing purchases so far this year.
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The extensive drop in new-vehicle sales last year may cause a decline in the used-vehicle supply, resulting in higher resale values in the next few years.
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The car rental company said the transaction will provide additional long-term fleet funding before the next scheduled fleet debt matures.
Read More →Funston, an automotive industry veteran with more than two decades of experience in fleet sales development, vehicle remarketing, distribution, logistics and business management, will be responsible for marketing the all-electric CODA sedan to commercial fleet customers.
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Used-vehicle prices are achieving highs that will start to drive used-vehicle buyers to new cars, says Tom Kontos in Adesa's April Current Used Vehicle Market Conditions and Outlook.
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ROUSH's propane-fueled E-Series vans can help fleet managers meet the airport's new fuel requirements. The ROUSH liquid propane injection system works on the Ford E-150, E-250 and E-350 chassis with the 5.4L, V-8 engine. Each has been EPA certified, with CARB (California Air Resources Board) approval pending.
Read More →The automaker said it will offer cash back or zero-percent financing on most 2010 model year Chrysler, Dodge, Jeep and Ram truck vehicles when financed through GMAC Financial Services.
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Repurchase programs are still available to small- and medium-sized rental companies. For the uninitiated, here’s how they work and when they work best.
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As the industry emerges from the recession, auto rental executives, operators and other professionals met at this year’s show ready to tackle the issues of fleet financing, lifecycle management, remarketing, utilization and no-show fees.
Read More →The deal will give Hertz an additional 1,550 locations worldwide and a total of 9,800 across six continents. Under the terms of the deal, Hertz will pay $41 a share, a 19 percent premium over Dollar Thrifty’s 30-day average stock price. The offer is 80 percent cash and 20 percent stock.
Read More →He will be responsible for developing and implementing Hyundai's first commercial-corporate fleet group. Previously, He was the national manager of Toyota Financial Services’ sales and marketing commercial finance division, where he was responsible for sales and marketing groups of more than 20 individuals, generating annual sales in excess of $300 million.
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