YTD Fleet Sales Trending Positive
The supply issues plaguing automotive are ameliorating month over month, but to varying degrees depending on fleet type.
CAS Miami (College Auto Sales of Floria LLC)
United Leasing Inc. DBA United Leasing & Finance
Courtney Leasing Inc.
The supply issues plaguing automotive are ameliorating month over month, but to varying degrees depending on fleet type.
Despite elevated vehicle prices, soaring interest rates and high inflation, there are no signs that demand is falling off yet.
September marks a record 16th straight month that new-vehicle ATPs were higher than the average manufacturer’s suggested retail price (MSRP).
The U.K.-based green rental operator announces closing acquisition of the U-Save franchise business, making Green Motion the largest rental franchise organization.
Combined sales into large rental, commercial, and government fleets were up 14.6% year over year in August.
Elektros, an electric transportation company, has scheduled delivery of its first Tesla Model 3 vehicles at its rental operations in South Florida.
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?
Nissan invited automotive journalists to drive its 2016 Maxima large sedan on June 2 at the Bel Air Bay Club in Pacific Palisades in southern California. View photos of the eight-generation sedan that has improved fuel economy by 15 percent over the outgoing model. Read more about the vehicle here. Photos by Paul Clinton and Chris Wolski.
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