According to a mobility report by Avis Budget Group, 82% of respondents said owning a car was still important, but 54% said they are prepared to give up car ownership and rely on long-term rental, on-demand, or subscription services in the future.
December 3, 2019
The study, commissioned by Uber and Lyft themselves, exposes the ride-hailing congestion problem - and it's worse than we thought. However, Uber says the scale "is dwarfed by that of private cars and commercial vehicles."
August 11, 2019
The ride-hailing industry will experience further growth over the next five years, but this growth will level off, according to analysis from Statista, a German research portal.
July 22, 2019
A growing number of carsharing operators in Japan have found customers rent vehicles, but don't actually drive them.
July 8, 2019
The survey, conducted from Sept. 24 to Oct. 7 of last year, found that ride-hailing usage has increased among American adults across all demographics.
January 4, 2019
Sales of vehicles to commercial fleets from eight manufactures increased 8.8% to 743,210 in 2018, even with a weaker December, on the strength of sales of trucks, SUVs, and vans that accounted for nearly nine units out of every 10 sold.
January 3, 2019
In November, sales of vehicles to commercial fleets increased 18.2% to 60,967, while sales into daily rental increased 6.4% to 122,433. Sales to government agencies increased 4.6% to 20,386.
December 3, 2018
Commercial sales increased 10.3% in October, while sales to government agencies increased 1%. Sales into daily rental increased 0.2%.
November 1, 2018
Sales of vehicles to commercial fleets increased 22% in August, while sales into daily rental fell 21.2%. Sales to government agencies increased 18.3%.
September 7, 2018
Sales of vehicles to commercial fleets increased 6.3%, while sales into daily rental increased 44.9%. Sales to government fleets increased 13%.
August 1, 2018
Sales of vehicles to commercial fleets increased 2.1% in May, while sales to government fleets were flat, and sales into daily rental increased 29.8%.
June 4, 2018
The used-vehicle industry reached a record-breaking 39.2 million in sales in 2017, representing a 1.6% year-over-year increase, according to the latest Used Car Report from Edmunds.
March 21, 2018
Certify's annual review of business expense trends shows that car rental represented 25% of overall transaction volume in ground transportation in 2017. National Car Rental was the most expensed and top-rated brand in 2017, according to Certify data.
February 7, 2018
Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.
November 8, 2017
Sales of vehicles to commercial fleets from eight manufactures increased 3.7% to 49,801 in October with strong truck sales outweighing a nearly 30% decline in cars, according to Automotive Fleet data.
November 1, 2017