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.