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Rental Operationsby StaffJanuary 13, 2010

As Travel Costs Decrease, Rental Car Rates Surprisingly Jump

The average weekly rate for a compact car rental at an airport jumped 51 percent from 2008 levels, according to Abrams Consulting Group.

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Fleet Acquisitionby StaffJanuary 6, 2010

Tata Motors Interested in Selling Nano in the U.S.

The manufacturer also plans to offer its inexpensive Nano model in Europe as early as next year

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Legal & Legislativeby StaffJanuary 6, 2010

Wisconsin's Car Rental Fee Increase Is in Limbo

The state's Southeastern Regional Transit Authority board has not decided when it should increase a car rental fee to pay for planning and engineering.

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Remarketingby StaffJanuary 6, 2010

KAR Auction Raises $340.9 Million through IPO, Less than Hoped

KAR Auction Services Inc. made its trading debut Dec. 11, 2009, despite making less than expected through its IPO in what was to be used to shrink the company's heavy debt load.

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Remarketingby StaffJanuary 6, 2010

Smaller Used-Vehicle Supply Boosts Wholesale Prices in 2009

Lower new-car sales in 2008, along with fewer trade-ins, off-lease vehicles, and rental fleet vehicles last year contribute to a shortage in used vehicles.

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Fleet Acquisitionby StaffDecember 30, 2009

KBB: Residual Values to Dip in 2010

According to Kelley Blue Book, in 2009, the average vehicle maintained 34.2 percent of its original value after five years in contrast to 2010 models, which are projected to maintain an average of 32.6 percent of their original MSRP.

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Rental Operationsby StaffDecember 30, 2009

Zoning Rule Approval Helps D.C. Car-Sharing Service

The city doesn't allow commercial activity in residential neighborhoods, but the new rule allows Zipcar vehicles to park in lots and alleyways.

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Rental Operationsby StaffDecember 30, 2009

Blizzard Ties Up Car Rental Customers

Storm in New York causes shortage of cars for Hertz.

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Fleet Acquisitionby StaffDecember 30, 2009

November Fleet-Commercial Sales Perk Up as Share of Total Volume

Sales of small- and medium-sized business fleets have improved since May, while government fleet volume is expected to improve in the coming quarter, CNW Market Research says.

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Fleet Acquisitionby StaffDecember 30, 2009

GM Offers Discounted Saturn and Pontiac Cars to Dealers

In a letter to dealers, GM said it would offer $7,000 for every new Saturn or Pontiac sold to dealers and then moved to rental-vehicle or service-vehicle fleets.

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