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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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Rental fleet sales accounted for the monthly increase but weren’t enough to sustain a Q1 increase compared to last year.
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Analysis: Experts from Cox Automotive say in the near term, after a short surge in buying, vehicle sales will likely fall amid price increases, and OEMs may eliminate some models if tariffs persist.
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The state joins the ranks of Ohio, Florida, Virginia, and the nationwide clearinghouse state of West Virginia in providing faster titling and lien services.
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Rental, commercial, and government fleet sales fell against February 2024 numbers but are up after a slow start to the new year.
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Analysis: The proposed levies would add further price pressure to an auto industry already facing affordability challenges.
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Electric vehicle sales of all ages hit the highest tally ever recorded for any month-to-date, while sales of used rental cars spiked the under two years segment.
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Commentary: No mainstream automaker will be immune to the pain, which will almost certainly be transferred to buyers through higher prices. The U.S. auto market already has an affordability problem.
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Commercial and government fleets sales start the year with losses while rental fleet purchases show a healthy rise.
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2025 ARN Fact Book: Rental fleet operators pursued a variety of strategies in running a right-sized fleet and remarketing vehicles at ideal intervals.
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Domestic sales of EVs benefitted from strong incentives from the automakers, excellent lease deals, and federal and state incentive programs.
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