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Wholesale Prices Reach Record High

Improvements in the Manheim Market Report  were seen over the four full weeks of June, resulting...

Wholesale used vehicle prices increased 8.95% month over month in June, bringing the Manheim Used Vehicle Value Index to 149.3, a 6.3% increase from a year ago and a new record-high for the Index.

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RV Rental Van Company Plans Expansion

Founded by tech entrepreneur Jonathan Distad, Blacksford also curates road trip experiences by...

Currently available at airports in Las Vegas and Bozeman, Mont., Blacksford has plans in place to expand into a dozen or more airports over the next two years, including Denver International Airport in July 2020.

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Fleet Sales Continue to Decline in June

Year-to-date, as of June 2020, overall fleet sales from nine manufacturers total 923,603, 43.5%...

Commercial fleet sales from nine manufacturers totaled 53,628 in June 2020, representing a 26% decrease when compared to the same time last year, though the declines are not as significant as seen in the last two months, which were both more than 65% drops.

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ACRA Announces New Board Members

Breckenridge and Gelder take the places of departing board members Brad Kjar and Monty Merrill.

Trey Breckenridge of U-Save Car & Truck Rental, and Jennifer Gelder of A Betterway Rent-A-Car Group, an Avis and Budget licensee, have joined the board of directors of the American Car Rental Association.

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Verra Mobility, Rent A Car Test Electronic Toll Payments

Easy Péage will be tested at approximately fifty locations in the Rent A Car network throughout...

Named "Easy Péage," this electronic toll collection payment service avoids drivers queuing at conventional cash or credit card toll plazas. It has the advantages of saving time and fuel, while allowing drivers to adhere to social distancing guidelines.

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Green Motion Expands to LAX

Xavier Ortiz Mena, right, and Michael Esfahani, left.

Green Motion LAX is in preparation for its launch and has already installed Green Motion's COVID-19 shield customer and staff safety procedures in order to provide a safe and enjoyable experience.

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