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Surprice Opens Two Rental Branches In Japan
The launch highlights the global car rental operation’s growing presence in Asia.
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SEARCHMENUSEARCHThe launch highlights the global car rental operation’s growing presence in Asia.
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CAR 2023: Recipients of the IARA Circle of Excellence, CAR Remarketer of the Year, and CAR Consignor of the Year awards swept the stage with industry accomplishments.
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Hallett served in an active 25-year career with KAR Global but he will still keep his seat on the company's board of directors.
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Overall sales are up in the quarter, including for fleets. However, headwinds are growing and inventory levels are moving back above the pre-pandemic normal, suggesting a slowing of demand.
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With the goal of eliminating breakdowns for its customers, the combined companies can provide fleet operations complete services backed by fleet experts and a wide provider network.
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Tracking wholesale prices, used vehicle values, sales, and supply trends across the industry unveils a broad picture: We're getting closer to normalcy.
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Sales into rental fleets were up 96% year over year, sales into commercial fleets were up 31%, and sales into government fleets were up 65%.
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CAR 2023: A workshop will help the two remarketing segments get into each other’s heads and connect for more productive interactions.
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The vehicle scans will check vehicle exteriors, undercarriage components and tires to quickly produce online user-friendly reports that include high-resolution photos.
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Days’ supply by end of November was 77% higher than at the same time a year ago and the highest since March 2021. While inventory is up from recent levels, it remains low by historical standards.
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The used car retailer that bought the ADESA auction group this year blames high used car prices and rising interest rates for sinking consumer demand.
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