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Manheim: Mileage on Rental Risk Units Reach Record Highs

Manheim: Mileage on Rental Risk Units Reach Record Highs

For April, Manheim’s rental risk unit share fell to the lowest level since 2002. Rental car companies are net buyers, not sellers, of wholesale used vehicles right now, says Cox Automotive’s Jonathan Smoke.

May 11, 2021

Automaker Sales to Rental Fleets Crater
U.S. Travelers Can Now Rent from Major Car Rental Companies on Uber App
24 Takeaways from the Inaugural Data-Driven Fleet Experience

24 Takeaways from the Inaugural Data-Driven Fleet Experience

The virtual conference presented deep dives on how data is fostering intelligent fleets. The seminars, panel discussions, and networking sessions covered connected cars, electrification suitability, OEM-embedded modems, telematics market trends, the rise of third-party data integrators, the migration to 5G, and video telematics.

April 28, 2021

How A Digital Key Is Transforming Corporate Carsharing

How A Digital Key Is Transforming Corporate Carsharing

At the recent Geotab Extend virtual event, Geotab’s Fabian Seithel and Tim Ruhoff of Fleetster discussed how keyless technology combined with telematics is facilitating in-vehicle deliveries, more automated pickup and return processes, and private carsharing trips with business cars.

March 29, 2021

Rental Car Companies Hit with Gift Card Scam

Rental Car Companies Hit with Gift Card Scam

Unsuspecting car rental customers are engaging with fraudulent third-party sites for supposed car rentals. Live operators encourage users buy prepaid gift cards and read the PIN over the phone to secure their “rental.”

March 9, 2021

Avis Answers ‘Who Moved My Cheese?’

Avis Answers ‘Who Moved My Cheese?’

During its quarterly investor’s call, Avis Budget Group showed how it’s meeting demand in a dramatically disrupted environment, with insights into sourcing new local market business, the semiconductor chip shortage, and the return of corporate travel.

February 23, 2021

Car Rental Companies Persevere in Texas

Car Rental Companies Persevere in Texas

From sleeping at a branch to using a car as an office — despite having no power at home — car rental company employees in Texas weathered the storm to serve customers with resilience and determination.

February 21, 2021

Chip Shortage Is Affecting Rental Car Orders

Chip Shortage Is Affecting Rental Car Orders

Due to the global shortage of semiconductors used in automobiles, OEMs are telling car rental companies to expect “significant delays” with fleet orders. One operator has had a large order canceled outright.

January 27, 2021

Assessing the Ford F-150 Hybrid for Fleets

Assessing the Ford F-150 Hybrid for Fleets

Our test of the new F-150 PowerBoost netted an extraordinary 19.2 average mpg with a 1,732-lb. payload and 25.1 mpg without. Adding PowerBoost’s 12,700 lbs. of max towing, is it blasphemy to finally turn our backs on diesel for true work applications?

January 4, 2021

Analysts Are Bullish on Avis

Analysts Are Bullish on Avis

Market watchers are pegging Avis Budget Group’s recent stock spike to the vaccine rollout. They cite the company’s ability to adjust fleet to demand, its solid financial position regarding fleet debt, and its success in removing $2.5 billion in costs for 2020.

December 29, 2020

Wheels Car Rental System Takes on Jerusalema Challenge - and Goes Big
Off-Rental Wholesale Sales Volume Underscores Upside Down Year
Welcome to 2021, Car Rental’s Recovery Year

Welcome to 2021, Car Rental’s Recovery Year

The coming year will begin with upside down fleet patterns, a constricted lending environment, a looming tax liability, and a changed rental customer. Yet by the second half, business could be gangbusters. Will you be ready?

December 9, 2020

COVID-19 Survey: Rates, Revenues, Optimism Rebound in Q3