U-Save Expands European Footprint with New Franchise in Malta
Malta, with its thriving tourism industry and robust economy, presents an ideal market for U-Save’s services.
Malta, with its thriving tourism industry and robust economy, presents an ideal market for U-Save’s services.
The roster of clients using its advanced software include big names in the auto rental industry.
While some weakening in the market over the Memorial Day weekend is seasonally normal, May saw more market softening in the latter half of the month.
More used commercial vehicles are being remarketed this year, especially from rental fleets, as fleets replace old vehicles with new ones.
A new branch at the Tucson airport puts the global auto rental company in a city with a strong economy and industries.
Rental fleets are propping up the overall upward trend in fleet vehicles sold so far this year.
The auto rental giant is hiring a new CFO and COO who are replacing predecessors who have been in the roles for less than a year.
The legendary automotive expert helped develop the remarketing industry's leading resource on valuing and pricing used vehicles for the retail market.
The global auto rental company in recent years has expanded its service to several continents.
The technology firms connect products to provide advanced pricing engines to increase the competitive tools available to rental car operators.
The rental car company scored a total of three awards that recognize its operational excellence, innovation and improvement, and adaptation to market trends.
The total U.S. supply of available unsold new vehicles opened May at 51% above a year ago, but volume is still down 26% from 2019 levels.
Wholesale flattens mid-month, while used retail vehicle sales rose slightly but are still down compared to last year.
The added business locations unlock the Middle East and African rental car markets.
The share of new-vehicle sales from luxury brands drove up average transaction prices, when combined with fewer discounts and incentives, caused new vehicle affordability to fall.
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