ICRS 2024: Bookings, rates, sales, upselling, technology, and smart fleet management all can widen the revenue stream when done right.
Yearly sales figures for rental in 2024 will be at least 40% lower than those for 2019.
ICRS 2024: Developing a big picture plan and strategy while tracking key metrics and managing small expenses can free up the profit pipeline.
Merchants will continue to operate independently. The members of the Merchants leadership team will remain in their current roles and will be co-investors in the business.
A survey projects and details what electric cars and trucks major companies are seeking for their future transportation needs.
With 2021 in the books, how many units were sold into rental fleets in 2021 compared to previous years?
But volume for rental, commercial, and government vehicle purchases is still well below levels seen in the pre-pandemic year of 2019.
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. This caused repair spend to increase in 2021.
From state-of-the-art onboard sensors to wireless telematics and more, Microsoft Azure is going to help Enterprise scale its fleet to a 350,000+ vehicle connected force by the end of the year. A fully connected worldwide fleet may be just five years away.
Europcar in the UK has launched a new flexible vehicle subscription service called DuoFlex. The subscription is based on a minimum 28 day rental but also adds a second vehicle for two days, twice a month, which eliminates the additional costs when the usual company vehicle doesn’t fulfill the normal business requirements.
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