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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.
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Wholesale flattens mid-month, while used retail vehicle sales rose slightly but are still down compared to last year.
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The added business locations unlock the Middle East and African rental car markets.
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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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The car rental brands with a worldwide clientele are now doing business in Oman and the United Arab Emirates.
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The independent car rental company finalized the agreement during the International Car Rental Show last month.
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Industry veterans Jon Dill and Penny Sottile have moved within the organization to join the operations support team.
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Commercial fleet sales were down more than 14% last month, tying its January decline and continuing a string of monthly losses.
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The platform enables customers rejected for a regular vehicle purchase finance or lease to drive and then buy a quality vehicle.
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Many auto repairers are finding ways to anticipate and operate in the new normal, but challenging market conditions remain.
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