Uber, Turo Partner to Arrange Car Rental Access
Uber customers throughout the U.S., Canada, France, the United Kingdom, and Australia will soon be able to rent from Turo's selection of vehicles through the Uber platform.
United Leasing Inc. DBA United Leasing & Finance
Hincklease
Spring Free EV
Uber customers throughout the U.S., Canada, France, the United Kingdom, and Australia will soon be able to rent from Turo's selection of vehicles through the Uber platform.
Rental fleet sales plunged 40% year over year last month, but are still up so far in 2024.
The global mobility company used its operational leasing model to build the domestic electric vehicle fleet of a major power provider.
ICRS 2024: Bookings, rates, sales, upselling, technology, and smart fleet management all can widen the revenue stream when done right.
Yearly sales figures for rental in 2024 will be at least 40% lower than those for 2019.
ICRS 2024: Developing a big picture plan and strategy while tracking key metrics and managing small expenses can free up the profit pipeline.
Sales of rental car fleets plummeted last month, sending the year-to-date total to a break-even point.
Commercial, rental, and government fleets saw monthly sales decline again as 2024 totals are hovering close to 2023 levels.
Rental fleets are propping up the overall upward trend in fleet vehicles sold so far this year.
The total U.S. supply of available unsold new vehicles opened May at 51% above a year ago, but volume is still down 26% from 2019 levels.
The share of new-vehicle sales from luxury brands drove up average transaction prices, when combined with fewer discounts and incentives, caused new vehicle affordability to fall.
Commercial fleet sales were down more than 14% last month, tying its January decline and continuing a string of monthly losses.
ICRS 2024: The annual industry update relayed positive signals for overall industry growth amid some uncertainties and volatility for auto rental fleets.
Year-to-date sales in commercial, rental, and government fleet sectors are scraping 600,000 vehicles sold.
Domestic brands continue to have the highest inventory while Asian imports rank lowest.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In