Auction Vehicle Volume Falls While Prices Hold High and Steady
The latest quarterly report from AutoIMS underscores the trends steering the remarketing and auction industries.
October 26, 2021
The latest quarterly report from AutoIMS underscores the trends steering the remarketing and auction industries.
October 26, 2021
In its safety report, Lyft received reports of over 4,000 instances of sexual assault on its ride-hailing platform between 2017 and 2019.
October 26, 2021
Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.
October 26, 2021
Supply chain constraints make it difficult to get replacement vehicles leading to extended cycling of those currently in service. This is pushing the envelope of warranty coverage that is exacerbated by a shortage of replacement parts.
October 26, 2021
Many factors converged to exert upward pressure on PM costs, such as longer vehicle service lives due to limited product availability; the ongoing transition to synthetic oils; and higher labor rates to attract scarce technicians.
October 26, 2021
With an order of 100,000 Model 3s by 2022, Tesla is now on par — or even surpassing — Hertz’s previous number one supplier. Can Hertz get the infrastructure in place to support this timeline?
October 26, 2021
Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer, causing repair spend to increase in 2021
October 26, 2021
Hertz's new chief information officer will be working to modernize the company's technology roadmap.
October 25, 2021
In the blink of an eye, car rental is now the largest fleet buyer of electric vehicles. Tesla Model 3 rentals to begin in November.
October 25, 2021
Inter Fleet joins Routes Car Rental to expand the brand in Poland.
October 22, 2021
Dealers get more time to file an arbitration claim when they buy online and ship with Ready Logistics.
October 22, 2021
Sixt is raising its earnings forecast for 2021 to between €390 million and €450 million, beating the company’s record annual result of €308 million in 2019.
October 21, 2021
Argentina-based car rental and fleet management company RDA has launched Keko, a Buenos Aires carsharing service allowing rentals by minute, hour, or day.
October 21, 2021
Breaking away from traditional service at the counter can create a more efficient rental process. Experts share insights on new tools to facilitate on-demand rentals and how to make this new system function smoothly for staff and customers.
October 21, 2021
Manheim Market Report (MMR) prices saw strong gains through the first two full weeks of October. The latest trends in the key indicators suggest wholesale used vehicle values will likely see further gains in the days ahead.
October 20, 2021
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