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The company expects car rentals to drop as much as 22 percent in the second quarter compared to last year's numbers, though fleet levels will be in line with demand.
Read More →According to the study, cities with the highest potential for car-sharing, including New York City and San Francisco, exhibit similar qualities such as high population density, extensive public transit systems and a relatively high burden of car ownership.
Read More →Wholesale sales percentages are much greater than can be expected, according to the “Beggs on the Market” video report.
Read More →In an attempt to financially assist n Indianapolis sports agency, the House is considering raising car rental taxes.
Read More →According to the report, average prices were up on a year-over-year basis for the first time since December 2007.
Read More →Dollar Thrifty Automotive Group converts locations in Knoxville, Tenn. and Omaha, Neb. from corporate stores to franchise operations.
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According to Kelley Blue Book's Market Report, while the effects of Chrysler and GM's bankruptcies have yet to be seen, it reports that a dramatic increase at auction of new GM and Chrysler vehicles could put significant downward pressure on late model values.
Read More →The former secretary and general counsel for Advantage Rent A Car has more than 29 years in the car rental industry.
Read More →OPENLANE also reports that dealers' interest increased in cars and minivans, but declined in SUVs and trucks.
Read More →Zipcar's CEO Scott Griffith stated sales are expected to reach $120 million for all of 2009.
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