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Fleet Acquisition

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Hertz May sell Donlen to Pay Debt, Bloomberg Reports

Hertz May sell Donlen to Pay Debt, Bloomberg Reports

Hertz Global Holdings has considered selling it’s Donlen leasing business if it can get at least $1 billion and has several buyers interested in the fleet management company, chiefly private equity funds, according to a report from Bloomberg.

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NADA Predicts 1.2% Decline in 2020 New Car Sales

NADA analysts predict the increasing fuel efficiency of light-duty pickups and CUVs such as the...

Analysts found that, as in 2018, consumers continued to abandon car segments in 2019. Light trucks are on track to account for more than 70% of overall new-car sales for 2019, while cars will account for less than 30% of new-car sales.

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Fleet Sales Sink in November

Commercial fleet sales saw weakness in November after several strong months that bucked the...

Sales of vehicles from nine manufacturers to commercial fleets fell 9.9% to 54,384 in November after enjoying several robust months of sales but remain the strongest fleet segment with an 8.7% increase year to date. Sales to rental and government fleets fell in November as well.

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Europcar Acquires Fox Rent A Car

Europcar Mobility Group expects the transaction to be neutral to its earnings per share in 2020...

Under the leadership of Mike Jaberi and Allen Rezapour, Fox Rent A Car will be the platform for Europcar Mobility Group’s future developments in the U.S., the world’s biggest car rental and mobility market.

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Auto Focus

Chris Brown, executive editor of Business Fleet, Auto Rental News, and Fleet Forward, offers his...

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