Categories: Auctions, Leasing, Remarketing, Vehicle Research

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

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

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

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

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

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 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

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

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

Categories: Electric, Electric Vehicles, Fleet Forward, Global Fleet, Green Fleet, Leasing, Maintenance, Mobility, New Mobility, Operations, Rental Operations, Shared Mobility, Small Fleet, Suppliers, Technology, Telematics, Upfitting, Vehicle OEM, Vehicle Research

Having sold Saab in 2009 and then quit Europe altogether in 2017 when GM Europe sold its Opel and Vauxhall brands to the PSA Group (now Stellantis), GM...

https://www.autorentalnews.com/10156388/gm-returns-to-europe-with-mobility-unit