OEMs Seeing More Inventory as Days Supply Rises
The total U.S. supply of available unsold new vehicles opened May at 51% above a year ago, but volume is still down 26% from 2019 levels.
The total U.S. supply of available unsold new vehicles opened May at 51% above a year ago, but volume is still down 26% from 2019 levels.
With CPA, paying only for successful rental leads maximizes the value of the agency's advertising budget.
Wholesale flattens mid-month, while used retail vehicle sales rose slightly but are still down compared to last year.
The added business locations unlock the Middle East and African rental car markets.
The share of new-vehicle sales from luxury brands drove up average transaction prices, when combined with fewer discounts and incentives, caused new vehicle affordability to fall.
The car rental brands with a worldwide clientele are now doing business in Oman and the United Arab Emirates.
The independent car rental company finalized the agreement during the International Car Rental Show last month.
Industry veterans Jon Dill and Penny Sottile have moved within the organization to join the operations support team.
Commercial fleet sales were down more than 14% last month, tying its January decline and continuing a string of monthly losses.
The platform enables customers rejected for a regular vehicle purchase finance or lease to drive and then buy a quality vehicle.
Many auto repairers are finding ways to anticipate and operate in the new normal, but challenging market conditions remain.
The brand is using technology-driven customer experiences to raise its competitive profile in more diverse locations.
A recent travel study shows Alaska Airlines and National Car Rental ranking highest on travel industry index scores.
The Central American nation now becomes the brand’s 17th country outside the U.S. where it does business.
Sharky Laguana of the American Car Rental Association will help shape EV-related policies with car rental and private ground transportation priorities in mind.
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