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A Leveling Force: AI Morphs Into A Rental Car Profit-Seeker
Revenue managers can’t match the emerging AI tools gobbling lots of data that could counter the competitive race to the rate bottom.
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SEARCHMENUSEARCHRevenue managers can’t match the emerging AI tools gobbling lots of data that could counter the competitive race to the rate bottom.
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According to Kelley Blue Book, in 2009, the average vehicle maintained 34.2 percent of its original value after five years in contrast to 2010 models, which are projected to maintain an average of 32.6 percent of their original MSRP.
Read More →Forty percent of DTG's vehicles are rated over 30 mpg.
Read More →AutoPacific forecasts industry volume of 11.4 million units in 2010, and 15.4 million in 2015, a far cry from the near-17 million unit years achieved in the past decade.
Read More →Combined retail and fleet volume is expected to hit 1.02 million units, up from December 2008.
Read More →With the limited supply of used vehicles, shoppers can save as much as $8,460 by purchasing a new car instead of a used version of the same vehicle.
Read More →November's average wholesale price of $9,519 marked a 9.3-percent year-over-year gain.
Read More →Daimler's fuel-efficient vehicle joins Budget's “Street Fleet” series of vehicles.
Read More →A meeting between a trading and research firm and Dollar Thrifty sheds light on current state of the industry.
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Do you have what it takes to be a CSO (carshare operator)? If you can harness the technology, educate your market and solve the parking, you could be raking in $1,700 RPU.
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This independent car sharing startup uses a built-in parking connection and community-based growth to make a run at profits in the world’s largest carsharing market.
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