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While wholesale used-vehicle prices declined by 0.5% in March, the Manheim Used Vehicle Value Index — a measure of wholesale prices adjusted for mix, mileage and season — came to a reading of 124.1. This is an increase of 1.3% from a year ago.
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Maven members in Baltimore can now reserve the carsharing vehicles hourly or daily at 20 locations throughout the city.
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The recall, expected to get under way May 19, covers 572,000 vehicles in the 2013 and 2014 model years.
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March airport quotes continued to drop for the fourth consecutive month, with the quote down $6.42 from last March. All regions but the Midwest were down, with the Northwest down $13.24 — the biggest decrease in the five regions.
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The International Car Rental Show (ICRS) live-streamed a portion of the event and it’s now available to access on the Auto Rental News’ Facebook page.
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Under the arrangement, Enterprise Rent-A-Car Ireland has bought the car rental business of the Dan Dooley Group. This includes a fleet of more than 1,400 vehicles.
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President Trump is proposing six weeks of paid maternity leave for women whose companies don’t offer paid time off. It's time for car rental operators to understand this plan's impact on their companies.
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Sales of vehicles to commercial, daily rental, and government fleets declined 13.1% to 279,063 in March and remain negative for the first quarter in the three segments, according to Automotive Fleet data and the Detroit Three.
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Advantage Rent-A-Car and ACE Rent A Car delivered the best customer experience in the rental cars & transport industry, according to the 2017 Temkin Experience Ratings.
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The Federal Trade Commission (FTC) has approved final consent orders with CarMax, Asbury Automotive Group, and West-Herr Automotive Group, settling charges that they touted how rigorously they inspect their used cars, yet failed to adequately disclose that some of the cars were subject to unrepaired safety recalls.
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