Analysis: Slowing EV adoption, an expensive UAW labor contract, and higher consumer interest rates will diminish the profits and gains of recent years.
Capital Auto Rental, a division of Capital Ford, has opened in Raleigh, N.C. The rental service provides vehicles for daily, weekly, monthly, and long-term rentals.
By partnering with U.K.-based White Clarke Automotive Solutions, Kia has announced plans to launch a rental program through its dealer network.
The Wheego LiFe, capable of traveling 100 miles with one charge, according to the automaker, is available to rent at the Alexander Hotel in Cayman Brac.
Joe Lyons is now working with Marple Fleet Leasing out of Broomall, Pa.
The Payless Car Sales portion opened Feb. 20 in the Orlando, Fla. suburb of Sanford, while the Payless Car Rental operations of the franchise will open in March.
In East Ridge, Tenn., a car dealership felt the quake of the recession, but after starting a rental car business, the family-owned dealership now runs a rental car fleet of almost 50 vehicles.
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