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Categories: Fleet Acquisition, Vehicle Research
Overall Fleet Sales Continue to Improve in November

Commercial fleet sales from nine manufacturers totaled 47,942 in November 2020, representing a 11.8% overall decrease when compared to the same time last...

https://www.autorentalnews.com/10131444/overall-fleet-sales-continue-to-improve-in-november
Categories: Leasing, Rental Operations
Hertz to Sell Donlen for at Least $875 Million

Hertz Global Holdings has entered into a stock and asset purchase agreement to sell substantially all of the assets of Donlen to Athene Holding.

https://www.autorentalnews.com/10131341/hertz-to-sell-donlen-for-at-least-875-million
Categories: Remarketing, Used Vehicle Values
Wholesale Prices Show Seasonal Strength Through October

Wholesale used vehicle prices increased 0.47% month-over-month in October, bringing the mid-month Manheim Used Vehicle Value Index to 161.9, a 15.4%...

https://www.autorentalnews.com/10129909/wholesale-prices-show-seasonal-strength-through-october
Categories: Operations, Rental Operations
Overall October Fleet Sales Down but Improve Month-Over-Month

Commercial fleet sales from nine manufacturers totaled 55,252 in October 2020, representing a 12.6% overall decrease when compared to the same time last...

https://www.autorentalnews.com/10129604/overall-october-fleet-sales-down-but-improving-month-over-month
Categories: Remarketing, Used Vehicle Values
Wholesale Prices Show Seasonal Strength

Wholesale used vehicle prices increased 0.9% in the first 15 days of October compared to the month of September, bringing the mid-month Manheim Used Vehicle...

https://www.autorentalnews.com/10128429/wholesale-prices-show-seasonal-strength
Categories: Leasing, Operations, Rental Operations
Merchants Fleet Expands Delivery Fleet Program

Merchants Fleet is launching a national fleet leasing and rental program for logistics brokers through a new partnership with a third party administrator...

https://www.autorentalnews.com/10128394/merchants-fleet-expands-delivery-fleet-program
Categories: Operations, Rental Operations, Safety
NuVinAir & Motormindz to Collaborate on Fleet Sanitation Solutions

Motormindz, a global venture consultancy, partnered with NuVinAir Global, an automotive cleanliness solutions and hygienic consulting company, to assist the...

https://www.autorentalnews.com/10126932/nuvinair-motormindz-to-collaborate-on-fleet-sanitation-solutions
Categories: Remarketing, Technology
KAR Expanding Digital Transaction Capabilities with New Acquistion

KAR Auction Services, Inc. has signed a definitive agreement to acquire BacklotCars Inc., an app and web-based dealer-to-dealer wholesale platform featuring...

https://www.autorentalnews.com/10126632/kar-expanding-digital-transaction-capabilities-with-new-acquistion
Categories: Remarketing, Technology
Manheim Expands Digital Block Sales to Over 50 Locations

Manheim expanded its Digital Block sales, adding seven more locations with in-lane bidding with a live auctioneer; however, vehicles are only displayed on...

https://www.autorentalnews.com/10126630/manheim-expands-digital-block-sales-to-over-50-locations
Categories: Remarketing, Used Vehicle Values
Wholesale Values Continue Slow Decline

Volume-weighted, overall car and truck segments both showed signs of slowing with the overall market decreasing by 0.15% this past week, compared to a 0.14%...

https://www.autorentalnews.com/10126620/wholesale-values-continue-slow-decline


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