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Used Vehicles Thriving in 2018

Used-vehicle values have held strong this year. A strong economy and more efficient remarketing strategies are helping make 2018 a banner year for used-vehicle values.

Sixt Forms New Global Mobility Division

Customers have a central contact at their disposal who creates individually tailored solutions for car rental, leasing, chauffeur service, ride-hailing, and mobility management.

Hyundai Offers Subscription Service for Ioniq Electric

Hyundai will offer its 2017 Ioniq Electric compact sedan as part of a subscription program in California that allows users to drive the car for at least $275 per month plus tax for 36 months without mileage penalties.

Used Car Market Bracing for Off-Lease Tidal Wave

A record number of newer model year off-lease vehicles returning to dealer lots this year will be putting significant upward pressure on the late-model used market, according to the February 2017 Edmunds Used Vehicle Market Report.

Breeze Ends Leasing Vehicle Service

Breeze, a startup that leases cars to drivers for Uber, Lyft, and delivery services, has ended its services. It plans to license out its fleet management software to other companies.