The automotive remarketing sector is seeing big changes due to an increased use of technology, evolving vehicle mix and shifting expectations from buyers and sellers.
KAR expects to be immediately profitable across its North American dealer-to-dealer platforms while enhancing its position in the highly fragmented wholesale used vehicle market.
Digital transactions have grown tremendously at XLerate over the last five years, and digital is a key component of its omnichannel, go-to-market strategy.
One of the final consolidations in U.S. car rental, the acquisition has ramifications in both the leisure and corporate markets, as well as for other brands.
As fleet sales and the used car market finally get back to normal, the land rush for vacated airport locations will produce a ground war on rates.
The devil is in the details, especially as it relates to Dollar and Thrifty licensees.
An antitrust litigator sheds some light on the FTC’s process regarding a Hertz merger with Dollar Thrifty.
Based on the second quarter reports and conference calls from the three public car rental companies, here are some thoughts on rates, Europe, the local market, new remarketing channels and the merger – or lack thereof.
With Hertz’s announcement of a potential buyer for Advantage, how will a Dollar Thrifty deal go down, when, and for how much?
What made Avis decide to publicly announce dropping its bid for Dollar Thrifty?
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