Rental Car Demand Spikes in Japan Quake Area
Demand is 30-50 percent higher year over year, as locals and businesses look to satisfy transportation needs.
Rental car demand has spiked in northeastern Japan after the March earthquake and tsunami, reports Mainichi Japan. Car rental industry groups in Miyagi and Iwate prefectures estimate demand has been running at least 50 percent and 30 percent higher, respectively, from a year earlier as both local residents and companies are in need of transportation, industry officials said.
In Miyagi Prefecture about 900 vehicles or about 10 percent of the fleets owned by 124 member firms, were damaged or destroyed by the tsunami. Some 70 of the firms reported damage from the quake and tsunami and 13 said they lost the operations of their head offices, the local association said.
In Fukushima, 10 companies have been forced to suspend services at their outlets located within a 20-kilometer radius of the crippled Fukushima Daiichi nuclear power plant.
Rental firms are struggling to replace fleet by buying new cars or borrowing vehicles from outside their prefectures, the officials said. "Our operating rate will likely remain high for some time to come," said Masao Yoshida, a senior official of the Iwate Prefecture rent-a-car association in the Mainichi Japan report.
Some 230,000 rental vehicles were lost in the area due to the crisis, according to the report.
More Rental Operations
Stop Losing Money On Rental Tolls
Regardless of your rental fleet size and structure, fleet managers, executives, and owners can gain valuable insights into an often-overlooked area of fleet operations.
Read More →
Rethink The Future To Avert A Race To The Bottom
Rental car operators heard a sobering industry message and a stern challenge at the close of the International Car Rental Show.
Read More →
DriveItAway, Free2move Plan Shared Fleet Program for Independent Rental Fleet Operators
Vehicles would be placed with participating rental operations to support car renter demand and provide additional fleet capacity.
Read More →
Stellantis Recalls 1.3 Million Jeep Vehicles Worldwide Over Fire Risk
Stellantis is recalling more than 1.3 million Jeep Wrangler and Gladiator models worldwide over a fire risk linked to power steering pump wiring.
Read More →
Green Motion And U-Save Open Rental Operations In Guatemala
The brands will open their first rental car outlets in the country at La Aurora International Airport in Guatemala City.
Read More →
U.S. Business Travel Drives $623 Billion+ in Economic Impact as Spending Reaches $538 Billion
The data also underscores the industry’s strong multiplier effect across the U.S. economy, revealing that each dollar invested in business travel in 2024 generated $1.16 in GDP.
Read More →
Rental Fleet Sales Skating Just Above 2025 Levels
The U.S. economy's continued growth and positive business investment are creating a favorable environment for fleet vehicle demand.
Read More →Grow Your Rental Business Beyond Cars
Rental fleet operations are facing numerous evolving challenges and opportunities from AI technology to rate and revenue management, to customer service and business growth.
Read More →
Using AI to Create Clarity, Not Conflict, in Rental Car Damage
Rental companies still need people, policy, judgment, and thoughtful implementation, with operators remaining in control of the customer experience.
Read More →
Get Ready To Roll: No Stopping Self-Driving Rental Cars
The autonomous mobility technology revolution will move at its own pace, but sooner rather than later.
Read More →
