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Action Car Rental plans to add more than 30 new vehicles to its rental fleet this summer, including Volkswagen Jettas and Ford Mustang convertibles.
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Wholesale used-vehicle prices average $10,734 in September, which was flat with August but up 5.1% from a year ago, according to ADES Analytical Services.
Read More →SYCN Auto Logistics, Rite Way Auto Transport Group, and Mercury Auto Transport combine to form a major privately owned transport management company in North America.
Read More →The fleet loss prevention company signs a deal with U.K.-based Bynx to provide PurInspect, a fully digitized process for vehicle rental providers to have disputed vehicle accident or damage claims handled.
Read More →WESTCHESTER, Ill. -- Insurance Auto Auctions Inc. (IAAI) announced it has signed an agreement to be acquired by private equity-investment firm Kelso & Co. for $385 million. IAAI specializes in remarketing services for salvage, repossessed, do-not-repair and slightly damaged vehicles.
Read More →American Traffic Solutions Fleet Services (ATS) has partnered with Fox Rent-A-Car to offer rental customers the PlatePass All-Inclusive toll payment service for one flat daily rate.
Read More →A study calculated the cost of running more than 100 different EVs, revealing the most affordable model, and states to run an EV.
Read More →Wholesale used vehicle prices increased 8.96% month-over-month in May 2020, bringing the Manheim Used Vehicle Value Index to 137%, which is 1.9% lower than it was at the same time in 2019.
Read More →At the end of March, the average listing price was $27,246, off record levels in December when it surpassed $28,000. The list price was down some from the end of February when it was a revised $27,609.
Read More →Inventory levels reach the highest point since June 2020 while the number of buyers who can afford a new vehicle is the best since June 2021.
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