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A mixed sales bag included gains at dealer auctions from trade-ins, a spike in used EV sales, and a spurt in 1–2-year-old vehicles from rental fleets.
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Doubts, disputes, and different views on the quality and state of auctioned vehicles and returned rental cars will recede as more data brings greater clarity.
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Rental fleets continue upward while commercial and government fleets decline again.
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ICRS 2025: What are key trends, challenges, and opportunities confronting rental car operators this year?
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Rental car operations will use the data to manage their fleets with advanced predictive maintenance, driver behavior monitoring, and vehicle health insights.
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The industry may not be returning to the lower LORs of 2019 and 2020 as two years of declining repair shop backlogs appear to flatline.
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In the first month after the U.S. levied steep tariffs on the automotive sector, the rental car sector got all the gains.
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AI-powered camera systems and machine learning algorithms enable real-time automated inspections of a vehicle’s body, glass, tires, and undercarriage.
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ICRS25: A keynote speaker will explore the intense competition sparked by a new breed of vehicle suppliers.
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Rental, commercial, and government fleet sales fell against February 2024 numbers but are up after a slow start to the new year.
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