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Green Fleetby StaffAugust 20, 2021

GM Expands Chevrolet Bolt Recall to All Model Years

The batteries supplied to GM for these electric vehicles may have two manufacturing defects in the same battery cell, which increases the risk of fire.

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Rental Operationsby StaffAugust 18, 2021

Uber Rent Launches in Puerto Rico

With Uber Rent, users can rent a vehicle from car rental companies in Puerto Rico, including Avis Car Rental.

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Remarketingby StaffAugust 18, 2021

Automobile Prices Hit All-Time High in July 2021

Tight new-vehicle supply puts upward pressure on new-vehicle transaction prices. Affordability hits 10-year low in July.

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Remarketingby StaffAugust 17, 2021

Used Vehicle Values Decline Slightly in August

The mid-month Manheim Used Vehicle Value Index is still up 18% year over year.

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Rental Operationsby StaffAugust 16, 2021

Expedia Report Shows Growth in Global Travel Searches

In Q2, Expedia Group’s Travel Recovery Trend Report showed that global travel searches increased more than 70% compared to Q1. Beach and city destinations made up the top 10 booked destinations around the world.

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Remarketingby StaffAugust 16, 2021

IARA in Final Stretch to 20th Anniversary Summer Roundtable

The conference will be the alliance’s first in-person event in two years and presents an active agenda for a changing industry.

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Remarketingby StaffAugust 14, 2021

Manheim Express Introduces Enhanced Vehicle Inspection, Digital Condition Report

The new inspection solution provides a more efficient process for clients to assess a vehicle’s exact condition before making listing and buying decisions.

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Remarketingby StaffAugust 11, 2021

New-Vehicle Supply Still Low but Starting to Stabilize

As August opened, inventories were running 53% below 2020 levels and 68% below 2019 levels.

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Remarketingby Martin RomjueAugust 10, 2021

AutoIMS 2Q Report Shows Leaps in Converstion Rate, Sale Prices

The company's second quarterly report in a row highlights key aggregate metrics for the auction industry.

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Rental Operationsby StaffAugust 10, 2021

Hertz Posts Strong Q2 Earnings Margins, Plans New IPO

Hertz reports total revenues of $1.9 billion, up 62% this quarter compared to last. It also comes with a net loss of $168 million, including reorganization expenses.

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