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Categories: Fleet, Fleet Acquisition, Leasing, Mobility, Operations, Remarketing, Rental Operations
DriveItAway, Free2move Partner to Expand Vehicle Access for Dealers

The arrangement enables franchise dealers to offer flexible lease-to-own programs with no credit checks, no down payments, and no long-term commitments.

https://www.autorentalnews.com/10244300/driveitaway-free2move-partner-to-expand-vehicle-access-for-dealers
Categories: Auctions, Leasing, Remarketing, Vehicle Research
Auction Vehicle Sales Mark Another Rebound Year

Commercial sales were the primary reason for 2024’s increase in sales, with broad-based growth across rental, commercial, off-lease, and repo units.

https://www.autorentalnews.com/10234244/auction-vehicle-sales-mark-another-rebound-year
Categories: Leasing, Operations, Rental Operations
Mike Albert Appoints New President

The mobility provider announced Marty Kuhn as the company’s new president, effective Nov 28, 2022.

https://www.autorentalnews.com/10187805/mike-albert-appoints-new-president
Categories: Fleet, Fleet Acquisition, Leasing, State of the Fleet Industry, Used Vehicle Values
YTD Fleet Sales Trending Positive

The supply issues plaguing automotive are ameliorating month over month, but to varying degrees depending on fleet type.

https://www.autorentalnews.com/10186356/ytd-fleet-sales-trending-positive
Categories: Fleet Management, Leasing, Operations, Rental Operations
Bain Capital and ADIA to Acquire Merchants Fleet

Merchants will continue to operate independently. The members of the Merchants leadership team will remain in their current roles and will be co-investors...

https://www.autorentalnews.com/10177333/bain-capital-and-adia-to-acquire-merchants-fleet
Categories: Electric Vehicles, Fleet Forward, Green Fleet, Leasing, Vehicle Research
Penske Adds Ford E-Transit Cargo Vans to Rental & Leasing Fleet

After a successful pilot in late 2021, Penske placed an order for 750 all-electric vans from Ford.

https://www.autorentalnews.com/10167121/penske-adds-ford-e-transit-cargo-vans-to-rental-leasing-fleet
Categories: Fleet Leasing, Leasing, Maintenance, Operations, Remarketing
Multiple Parts Shortages Increasing Fleet Downtime

The automotive parts shortage that the industry is experiencing today goes far beyond just the shortage of microchips. Today, there is a wide cross-section...

https://www.autorentalnews.com/10158889/market-trends
Categories: Auctions, Captive Finance, Leasing, Remarketing
OPENLANE iQ Speeds Up Platform for Vehicle Buyers, Sellers

OPENLANE iQ provides data analytics and comprehensive technology solutions for more than 40 upstream brand marketplaces.

https://www.autorentalnews.com/10157233/openlane-iq-speeds-up-platform-for-vehicle-buyers-sellers
Categories: Batteries/Tech, Charging, Electric, Electric Vehicles, Fleet Forward, Fuel, Global Fleet, Green Fleet, Hybrids, Leasing, Maintenance, Operations, Remarketing, Small Fleet, Technology, Telematics & Technology
Association Of Fleet Professionals Warns Against PHEV Fleet Policies

The chair of the Association of Fleet Professionals (AFP), a UK-based organization representing the interests of fleet managers, believes fleets should skip...

https://www.autorentalnews.com/10157135/association-of-fleet-professionals-warns-against-phev-fleet-policies
Categories: Global Fleet, Leasing, Operations, Rental Operations, Small Fleet
Khaled Shahbo Named New Senior VP Europe For Enterprise Holdings

Ryan Johnson will succeed Shahbo in his previous position. Johnson was general manager of Enterprise’s Southeast England group, the company’s largest UK...

https://www.autorentalnews.com/10156601/kaled-shahbo-named-new-senior-vp-europe-for-enterprise-holdings


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