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According to ADESA, wholesale used vehicle prices resumed their softening in December due to rebounding supply, which is putting downward pressure on wholesale prices.
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After increasing slightly in November, wholesale used vehicle prices declined 0.6% in December. The Manheim Used Vehicle Value Index now stands at 121.7, a decline of 1.9% from a year ago.
Read More →Avis Car Rental and Budget Car Rental customers can now purchase mobile phone chargers at participating U.S. locations.
Read More →Arizona-based High Life Auto Rental has announced its new affiliation with AutoNation Ford of Scottsdale.
Read More →When renting supercars, London-based Season Car Hire has introduced a "pay as you drive" promotion where customers are charged a reduced rate for a lower mileage allowance. If customers want additional mileage, they pay 6 pounds per additional mile.
Read More →Ken Research’s report "Europe Car Rental Industry Analysis to 2017 — Latvia, Belgium and Ukraine to Stimulate the Market Growth" presents an analysis of the car rental industry in Europe over the past seven years from 2006-2012.
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Toronto-based Metavera, which offers technology solutions for car-sharing systems, has announced the launch of its Lock ‘n Track system — a vehicle access and control system that works in conjunction with Metavera’s car-sharing platform.
Read More →Booking Group, a car rental broker, has become the car rental booking partner for Aviasales.ru, a Russian-based travel search engine.
Read More →Delivering the Tuesday morning breakfast keynote, the noted sports psychologist will guide attendees through his “The Fearless Mind” methodology, designed to increase productivity and profitability.
Read More →Avis Australia has been recognized for its customer service in the Australasian region by CarTrawler, an online travel operator.
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