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Since the labor actions started Sept. 15, the U.S. has ample inventory for now from the Detroit automakers that should keep steady supply through the end of the month. The all-important Ford F-150 had 97 days of supply at the start of October.
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Enterprise Rent-A-Car is providing a fleet of hydrogen-powered Toyota Mirai vehicles as part of a trial in northeast England, and Europcar has added the first zero-emission vehicle to its SuperFlex flexible long-term hire offering.
Read More →Rental car companies are mitigating fleet costs by transitioning to risk vehicles and increasing holding periods. Could self-service rental car kiosks be the next big thing?
Read More →The rental management company’s customers can now validate VINs in real-time, and create and design rental agreement reports from the recently expanded report system.
Read More →General Motors will cut sales to U.S. car rental fleets by 80,000 to 90,000 vehicles this year.
Read More →Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 3.4% comparing the first 15 days of August to the full month of July, continuing record setting-performance for wholesale prices.
Read More →Cox Automotive is forecasting a strong year for CPO at three million units, an increase year over year and above the record set in 2019.
Read More →Wholesale used vehicle prices increased in the first 15 days of January compared to the month of December, bringing up the mid-month Manheim Used Vehicle Value Index.
Read More →All major market segments saw seasonally adjusted prices that were higher year over year in the first half of March.
Read More →Final acquisition price of $177 million is lower than initial $255 million. Assumption of Donlen fleet debt is $770 million, $90 million more than original assumption.
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