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According to ADESA, wholesale used vehicle prices continued to soften in January due to volume growth, which continues to put downward pressure on prices, and weather conditions restricting retail demand.
Read More →Avis Budget Group will report its fourth quarter and full-year 2013 results on Wednesday Feb. 19 and will hold a follow-up conference call on Thursday Feb. 20.
Read More →The 2014 Car Rental Show will close with a blue-ribbon panel that will analyze the issue of prepaid reservations from all sides.
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In addition to joining the Rideshare Insurance Coalition, Lyft has added new insurance coverage for collision, uninsured motorists and underinsured motorists.
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After a decline in December, wholesale used vehicle prices rose 0.5% in January. The Manheim Used Vehicle Value Index now stands at 122.3, a decline of 0.9% from a year ago.
Read More →Avis has signed a new partnership agreement with Silver Airways making Avis Car Rental and Budget Car Rental the airline’s preferred car rental providers.
Read More →Now in its 25th year, the J.D. Power 2014 U.S. Vehicle Dependability Study (VDS) found that owners of 3-year-old vehicles (2011 model-year) reported more problems than owners of 3-year-old vehicles last year.
Read More →According to a new Enterprise Holdings survey of car renter and owner preferences, 88% of millennials reported that a positive experience renting a certain car changed their perception of that specific vehicle make or model.
Read More →Craig Cheatle has joined American Traffic Solutions (ATS) Fleet Services as its new vice president of sales.
Read More →Avis Budget Group Inc. has introduced Avis Direct, a used car sales program for licensed automobile dealers.
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