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The Iranian conflict and rising gas prices inject much uncertainty into the future wholesale used vehicle markets, as higher gas prices soak up spendable income from vehicle buyers.
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The American Car Rental Association’s annual legislative and lobbying event upped the face time with and access to members of Congress.
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Commercial vehicle sales stood out in August due in part to more rental fleet vehicles coming through auto auctions.
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SYCN Auto Logistics, Rite Way Auto Transport Group, and Mercury Auto Transport combine to form a major privately owned transport management company in North America.
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The event will connect fleet managers with vehicle remarketers to delve into topics that help fleet operations find remarketing solutions.
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The arrangement enables franchise dealers to offer flexible lease-to-own programs with no credit checks, no down payments, and no long-term commitments.
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AI has already evolved into a must-have tool for remarketers to work with greater clarity, make faster decisions, and run smarter digital marketplaces and business operations.
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Catch up with Midway Car Rental president Gary Kolodziej during the International Car Rental Show.
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A mixed sales bag included gains at dealer auctions from trade-ins, a spike in used EV sales, and a spurt in 1–2-year-old vehicles from rental fleets.
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Doubts, disputes, and different views on the quality and state of auctioned vehicles and returned rental cars will recede as more data brings greater clarity.
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Consumer confidence plunges worse than expected across leading indexes after tariffs and added import duties seep into automotive markets.
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