The drawn-out vehicle shortage is producing a domino effect of issues for many fleet segments, says Cox Automotive’s Jonathan Smoke, but a potential recession may have a silver lining — if we even have one at all.
Arriving in dealerships later this year, the 2023 Toyota Crown essentially replaces the Avalon, launching with a new design, two hybrid powertrain options, and standard AWD.
According to data from Kelley Blue Book, the average transaction price (ATP) for a new vehicle surpassed the $48,000 mark in June, the highest ATP on record.
With more than 450,000 vehicles available to rent, 44% of Free2move’s bookings are for a duration of one week or more.
The first-half total of 341,983 units marks the lowest rental fleet sales in at least 20 years — easily eclipsing the nadir of 788,349 units in H1 2011 as the industry dug out of the Great Recession.
150 Plug-in hybrid Jeep Renegade and Compass 4xe's have been added by Free2move to its Madrid hub, aligning with the company's goal to lower its carbon footprint to 50% by 2030.
The app-based platform allows retail and fleet drivers opportunity to try out a Polestar 2 electric sedan with one monthly payment, no purchase commitment or lease obligation, and the right to purchase.
The collaboration enables car rental agencies to optimize their fleet mix for both rental and sales.
With 2021 in the books, how many units were sold into rental fleets in 2021 compared to previous years?
The poll is live for the 2021 Fleet Vehicles of the Year — vote for your favorite car, truck, and/or SUV, share the link, and help contribute to the next Fleet Vehicle of the Year.
Athene is the lead investor in the new mega company, consolidating two of the most well-known fleet companies in the world.
Two of the world’s largest leasing companies are considering combining forces to create a global mobility leader.
In the blink of an eye, car rental is now the largest fleet buyer of electric vehicles. Tesla Model 3 rentals to begin in November.
The decrease in U.S. auto sales is due to historically low new-vehicle inventory levels, which are over 50% lower than they were a year ago.
You could say the all-new Maverick’s hybrid engine, unibody frame, and 4.5-foot bed make it a niche truck. But in the post-pandemic era of efficiencies and economics, fleets must apply a Swiss Army knife-like approach to job applications.
Nissan held a ride and drive in San Diego in June to showcase its 2013 Nissan NV200 small cargo van.
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