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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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Wholesale used-vehicle prices declined in October 0.7% and non-seasonally adjusted prices declined 2%, showing a downward trend for all vehicle segments in recent months.
Read More →A rising supply of used pickups coupled with aggressive pricing for new models is expected to cause a weakening in values in the wholesale market, according to new data from Black Book.
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Wholesale used-vehicle prices average $10,734 in September, which was flat with August but up 5.1% from a year ago, according to ADES Analytical Services.
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Full-size pickup truck retention rates for model-year vehicles older than two years showed a slight decrease this year after steadily increasing for the last five years.
Read More →Cars showed better retention in the last week of September than in the previous four weeks, while trucks depreciated more than they have during that same timeframe.
Read More →Wholesale prices for trucks were up 7.3% on a year-over-year basis while cars were down 1.3%, according to ADESA.
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Enterprise Car Sales, a service of Enterprise Rent-A-Car, has opened two new locations to serve customers in the Phoenix area.
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This could be a sign that stop-sale/stop-use units are being repaired and creating less demand for loaner vehicles, says Manheim.
Read More →In South Africa, the car rental industry accounted for 22% of new car sales. The growing numbers of tourists helped increase the market.
Read More →Luxury vehicle segments have on average faced the biggest depreciation heading into fall over the last 10 years, according to an analysis of Black Book data.
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