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Fleet sales year to date are also down 42% from the same time in 2019 when 2.8 million vehicles were sold.
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Looking at automakers, year-over-year changes in fleet sales differed by manufacturer, ranging from a decline of 97% to an increase of 28%.
Read More →But volume for rental, commercial, and government vehicle purchases is still well below levels seen in the pre-pandemic year of 2019.
Read More →August figures show sales into rental increased 118% year over year in August and are up 7% compared to the same time period last year.
Read More →Large rental, commercial, and government purchases of new vehicles increased 6% compared to this time in 2020, but decreased by 40% from the same time in 2019.
Read More →Sixt SE managed -$16.6 million in earnings before taxes in the first quarter of 2021, with business improving sequentially. U.S. is a bright spot while Europe continues to be affected by the lockdown.
Read More →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.
Read More →Hertz Global Holding’s adjusted EBITDA in the U.S. of $24 million in the first quarter of 2021 is truly a remarkable achievement.
Read More →Monthly and year-to-date comparisons of rental fleet sales to pre-pandemic periods in 2019 show unprecedented declines.
Read More →Avis Budget Group posts its best first-quarter adjusted EBITDA since 2015, driven by double-digit growth in revenue per day in the Americas.
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