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With Hyundai’s South Korean strike creating uncertainty for 2027-model-year deliveries, Mike Muehlenfeld of Walser Automotive Group says rental operators are maintaining normal purchasing levels and generating strong returns at disposal.
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As April opened, the total supply of new vehicles on dealer lots across the U.S. was down 10%+ and counting with days' supply down to 10.
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ICRS25: A keynote speaker will explore the intense competition sparked by a new breed of vehicle suppliers.
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ICRS 2025: Operators will get a chance to delve into the nitty-gritty that can help your rental fleet make money and save money.
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The tariff announcements have spurred activity that suggests the wholesale market will see a sizeable increase in the Manheim Index in April.
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ICRS 2025: A session will help smaller rental car operators make the most of technology platforms to rent out available fleet and draw more customers.
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Commentary/Analysis: Look for likely higher prices across the broader economy, with the auto market heading into uncharted territory — a rough road indeed.
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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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