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Legal & Legislativeby StaffJuly 26, 2021

Catalytic Converter Theft Grows by Nearly 300% in 12 Months

State Farm recently paid out a whopping $33.7 million in claims for catalytic converter thefts, which have soared across the country since the start of the pandemic.

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Rental Softwareby StaffJuly 26, 2021

DAMAGE iD, ProofTec Partner on AI Damage Detection

The new partnership, leveraging the power of AI, will provide a deeper ability to detect vehicle damages and facilitate recovery. 

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Rental Operationsby StaffJuly 26, 2021

Demand for Business Travel on the Rise

Compared to June, a recent Global Business Travel Association (GBTA) poll shows a 12% increase in companies opening business travel, but government policies relating to international business travel continues to impact companies.

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vEventsby StaffJuly 23, 2021

Utah State Senator Mike McKell to Present at ICRS

Sen. McKell will join David Purinton of PurCo for a seminar at the International Car Rental Show that will show attendees how to effectively communicate car rental's message to local and state politicians.

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Green Fleetby StaffJuly 22, 2021

Electrified Vehicles Now Fastest Growing Auto Segment in U.S.

Hybrids and plug-ins still dominate the electrified market, but with quarter-over-quarter sales up 201%, automakers are pointing to a future with more EVs.

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Green Fleetby StaffJuly 22, 2021

How Are Electric Vehicles Affecting Repair Shops?

Less than third of auto maintenance businesses that service battery and hybrid electric vehicles have invested in specialized tools/equipment and additional technician training.

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Remarketingby StaffJuly 21, 2021

Wholesale Used Vehicle Prices Decline in First Half of July

The latest trends in key indicators suggest wholesale used vehicle values will continue to see depreciation in the days ahead.

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Remarketingby StaffJuly 21, 2021

Total Used-Vehicle Sales Down 12% YOY in June

Chip shortages and surging demand are squeezing used vehicle sales while inflating prices.

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Rental Operationsby StaffJuly 21, 2021

Ford, Lyft to Launch Self-Driving Car Network this Year

Argo AI and Ford will deploy Ford self-driving cars, with safety drivers, on the Lyft network with passenger rides beginning in Miami later this year and in Austin starting in 2022.

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Remarketingby StaffJuly 20, 2021

Average New Vehicle Prices Hit All-Time High

For the first time in a decade, vehicle buyers were essentially paying sticker price (MSRP) for new vehicles.

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