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Categories: Fleet, Fleet Acquisition, Operations, Remarketing, Small Fleet, Used Vehicle Values
How Will UAW Strike Affect New, Used, and Rental Vehicles?

Analysis: The actions of the UAW will reverberate through the larger auto business, but nowhere near what was experienced in April 2020. Sales into fleet...

https://www.autorentalnews.com/10206384/how-will-uaw-strike-affect-new-used-and-rental-vehicles
Categories: Batteries/Tech, Charging, Electric, Electric Vehicles, Electrification, Fleet Forward, Green Fleet
3 Key Trends Driving the EV Charging Market

IDTechEx research has identified three key trends shaping the EV charging market as demand for access among electric vehicle users skyrockets.

https://www.autorentalnews.com/10206058/3-key-trends-driving-the-ev-charging-market
Categories: Rental Operations
Paul Stone To Leave Hertz COO Post

The current President and former CEO has helped lead the auto rental company through its restructuring.

https://www.autorentalnews.com/10206215/paul-stone-departs-hertz-coo-post
Categories: Global Fleet, Operations, Rental Operations
Rental Car Provider Adds Another Spot on the Globe

The international provider opens for business in the nation of Georgia that lies along the Black Sea coast on a land bridge between Russia and Iran.

https://www.autorentalnews.com/10205879/rental-car-provider-adds-another-spot-on-the-globe
Categories: Remarketing, Used Vehicle Values
Wholesale Used-Vehicle Prices and Sales Holding Steady

With sales slightly stronger than expected, tight supply, and prices at about 6% below last year, these factors are expected to prevent any substantial...

https://www.autorentalnews.com/10206009/wholesale-used-vehicle-prices-see-minimal-increase-in-august
Categories: Remarketing, Used Vehicle Values
Used Vehicle Supply Drops on Strong Sales

The number of used vehicles for sale had been increasing after hitting a low point in March but that increase in inventory stalled in mid-July and into...

https://www.autorentalnews.com/10205975/used-vehicle-supply-drops-on-strong-sales
Categories: Global Fleet, Operations, Rental Operations
Rental Car Company Boosts Employee Wellness in Chill Zone

A serene space where employees may take a breather can boost health and morale during a time of mounting mental health concerns.

https://www.autorentalnews.com/10205817/rental-car-company-boosts-employee-wellness-in-chill-zone
Categories: Fleet, Fleet Acquisition, Remarketing, Small Fleet
New-Vehicle Supply Grows Ahead of Potential Strike

The United Auto Workers contract with the Detroit Big 3 automakers expires Sept. 14 as new inventory remains 68% above last year's level.

https://www.autorentalnews.com/10205857/new-vehicle-supply-grows-ahead-of-potential-strike
Categories: Auctions, Operations, Rental Operations
A Customer View Deepens Understanding of 3 Core Business Points

An insider's perspective can become your biggest strength in automotive sales. Here's how to harness it.

https://www.autorentalnews.com/10205799/a-customer-view-deepens-understanding-of-3-core-business-points
Categories: Fleet, Remarketing
Recovering Fleet Sales Outpace Retail Sector

U.S. fleet sales for August were strong and reached levels for the month not seen since 2019.

https://www.autorentalnews.com/10205776/august-fleet-sales-reflect-month-over-month-gains-in-commercial-and-government-s
Categories: Rental Operations
Easirent Opens Las Vegas Car Rental Location

The independent short-term rental car company is growing westward from its concentration in the Florida and Texas markets.

https://www.autorentalnews.com/10205773/easirent-opens-las-vegas-car-rental-location
Categories: Charging, Electric, Electric Vehicles, Electrification, Fleet Forward, Green Fleet, Operations, Rental Operations
LAX Area Charging Depot Carries a Heavy Hertz EV Load

The most powerful electric vehicle charging facility near Los Angeles International Airport equips its operations to handle demand from the rental car...

https://www.autorentalnews.com/10205455/lax-area-charging-depot-carries-a-heavy-hertz-ev-load
Categories: Charging, Electric, Electric Vehicles, Electrification, Fleet Forward, Green Fleet, Operations, Small Fleet, Suppliers
Former Fox Rent-A-Car Owner Launches EV Services Company with Business Partners

Bullet EV Charging Solutions combines the complementary expertise of Allen Rezapour and two executives to provide turnkey electric vehicle services.

https://www.autorentalnews.com/10205387/former-fox-rent-a-car-owner-launches-ev-services-company-with-business-partners
Categories: Auctions, Batteries/Tech, Charging, Electric, Electric Vehicles, Electrification, Fleet Forward, Green Fleet, Operations
Electric Vehicles Now Hit the Road Fork of Hype vs. Reality

All-electric vehicles will not be an all-or-nothing option as many market and technological factors will influence the course of fleet electrification.

https://www.autorentalnews.com/10204912/electric-vehicles-now-hit-the-road-fork-of-hype-vs-reality
Categories: Associations, Auctions, Batteries/Tech, Electric, Electrification, Fleet Forward, Green Fleet, Operations
Why Most Fleet Operations Are Not Ready for an EV Battery Fire

While the risks of an EV “thermal event” are far lower than gasoline tank fires, the rare occurrence can turn into an all-consuming catastrophe.

https://www.autorentalnews.com/10204906/why-most-fleets-operations-are-not-ready-for-an-ev-battery-fire
Categories: Electric Vehicles, Electrification, Fleet, Fleet Forward, Green Fleet, Small Fleet
Ford Tops Tesla, Rivian in E-Pickup Truck Race

Studies show the importance of brand strength, which is true in the full-size pickup truck segment where brand loyalty often runs deep and fierce.

https://www.autorentalnews.com/10204466/ford-tops-tesla-rivian-in-e-pickup-truck-race
Categories: Rental Operations
Bandago Appoints New Chief Operating Officer

The San Francisco-based van rental company promotes their longest-tenured employee.

https://www.autorentalnews.com/10204436/bandago-appoints-new-chief-operating-officer
Categories: Global Fleet, Operations, Rental Operations
Green Motion/U-Save Adds Car Rental Expert to Team

Stuart Trolley, formerly of Europcar, will head the companies’ commercial global team.

https://www.autorentalnews.com/10204356/green-motion-u-save-adds-veteran-car-rental-expert-to-management-team
Categories: Remarketing, Used Vehicle Values
Wholesale Used-Vehicle Prices Increase This Month

The conversion rate indicates that the first 15 days of August saw buyers with more bargaining power for this time of year.

https://www.autorentalnews.com/10204366/wholesale-used-vehicle-prices-increase-marginally-in-first-half-of-august
Categories: Rental Operations
NextCar, Priceless Car Rental Debut on Hopper

The Hopper app boasts 100 million downloads and is a popular travel booking app among Millennials and Gen Z travelers.

https://www.autorentalnews.com/10204352/nextcar-and-priceless-car-rental-debut-on-hopper
Categories: Global Fleet, Operations, Rental Operations
U-Save Adds Italy to its European Market Growth

The well-established dealer group brand is offering service in one of Europe's most active auto rental markets.

https://www.autorentalnews.com/10204285/u-save-continues-european-expansion-in-italy
Categories: Global Fleet, Operations, Rental Operations
U-Save Opens First Middle East Master Franchise

A father and son team are the first example outside the U.S. where a franchisee has combined U-Save and Green Motion operations to offer more comprehensive...

https://www.autorentalnews.com/10204278/u-save-opens-first-middle-east-master-franchise
Categories: Charging, Electric, Electrification, Fleet Forward, Green Fleet
EV Drivers Give State of U.S. Charging Bad Reviews

A recent J.D. Power survey shows respondents’ satisfaction fell in almost all facets it measures across the two types of charging.

https://www.autorentalnews.com/10204272/ev-drivers-register-lowest-satisfaction-to-date-with-chargers
Categories: Rental Operations
Finalrentals Expands Into Greece

The move brings the international car rental company into one of the world's most historical and popular tourist destinations while rounding out its service...

https://www.autorentalnews.com/10204183/finalrentals-expands-into-greece
Categories: Rental Operations
Sixt Reports Best Ever 2Q Financial Results

Revenue soared to just over $1 billion, an increase of 24.4% over the second quarter of 2022, due to strong demand and a larger fleet.

https://www.autorentalnews.com/10204053/sixt-reports-best-ever-second-quarter
Categories: Fleet, Remarketing, Small Fleet
July Fleet Sales Rebound to Near Pre-Pandemic Level

All large manufacturers showed gains in fleet over last year, with combined sales into large rental, commercial, and government fleets improving.

https://www.autorentalnews.com/10203582/july-fleet-sales-rebound-approaching-pre-pandemic-level
Categories: Fleet Insurance, Rental Operations
Axle, Getaround Partner to Allow Carshare Users to Apply Personal Car Insurance

Under the arrangement, all parties improve risk management, host companies save money, and customers can get a discount.

https://www.autorentalnews.com/10203512/axle-getaround-partner-to-allow-carshare-users-to-apply-personal-car-insurance
Categories: Charging, Electric, Electric Vehicles, Electrification, Fleet Forward, Green Fleet, Small Fleet
EV Charging Shortage Spurs Start-Up Ready to Serve Fleets

A former founder and CEO of Fox Rent A Car fields a team to lead Bullet EV Charging Solutions in providing chargers, solar sources, and battery storage for...

https://www.autorentalnews.com/10203548/ev-charging-shortage-spurs-start-up-ready-to-serve-fleets
Categories: Rental Operations
Robust Summer Travel Drives Avis Budget Group Q2 Financial Results

A strong and increasing travel demand environment increases earnings power of the rental car conglomerate.

https://www.autorentalnews.com/10203505/robust-summer-travel-drives-avis-budget-group-q2-financial-results
Categories: Rental Operations
Hertz Reports Strong Q2 Financial Performance

High demand for services and elevated levels of fleet usage yielded positive results.

https://www.autorentalnews.com/10203443/hertz-reports-strong-second-quarter
Categories: Rental Operations
Length of Rental Results Take First Dip YOY Since Pandemic

The LOR decrease is positive, and many repairers are finding ways to anticipate and operate in the new normal, but challenging market conditions remain.

https://www.autorentalnews.com/10203346/length-of-rental-results-take-first-dip-yoy-since-pandemic
Categories: Rental Operations
Finalrentals Continues Global Expansion with Launch in Jordan

The company has partnered with one of the most prominent car rental groups in Jordan helmed by a car rental industry expert and seasoned entrepreneur.

https://www.autorentalnews.com/10203335/finalrentals-continues-global-expansion-with-launch-in-jordan
Categories: Legal & Legislative, Rental Operations
More Work Needed on Repair Data Sharing Commitment

The ACRA-supported American Alliance for Vehicle Owners Rights (AAVOR) views this new commitment as an important update to the 2014 "right to repair"...

https://www.autorentalnews.com/10203250/more-work-needed-on-repair-data-sharing-commitment
Categories: Associations, Fleet, Remarketing
IARA Hitting Higher Stats as Summer Roundtable Approaches

Overall engagement with the International Automotive Remarketers Alliance has risen across the board in the final stretch before its annual conference.

https://www.autorentalnews.com/10203231/iara-hitting-higher-stats-as-summer-roundtable-approaches
Categories: Rental Operations
Ukrainian Rental Car Market Survives to See an Upswing

The Russian invasion compounded the supply chain and travel burdens that all rental car companies faced during the pandemic years. Operators now size up a...

https://www.autorentalnews.com/10203196/ukrainian-rental-car-market-survives-to-see-an-upswing
Categories: Rental Operations
Top Rent A Car Marks 20 Years of Service in Bulgaria's Car Rental Industry

The national service has expanded its fleet and location as it emerges as a key driver of tourism and travel in the Southeast European country that borders...

https://www.autorentalnews.com/10203090/top-rent-a-car-marks-20-years-of-service-in-bulgarias-car-rental-industry
Categories: Auctions, Fleet, Operations, Remarketing
Rising Wholesale Vehicle Volumes Pressure Auto Transport System

Analysis: An increase in one-off moves, overall wholesale industry growth, and OEM production increases are driving prices higher versus pre-pandemic levels.

https://www.autorentalnews.com/10203095/rising-vehicle-volumes-pressure-auto-transport-system
Categories: Rental Operations
Enterprise Expedites Booking Process

The new features automate certain steps in advance of the customer’s arrival.

https://www.autorentalnews.com/10203022/enterprise-expedites-booking-process
Categories: Operations, Rental Operations, Technology
How One Rental Company Uses a New Digital Tool to Detect Vehicle Damage

Bristol Car and Truck Rentals is saving time and money after installing technology from Damage iD that provides clearer, more accurate digital images while...

https://www.autorentalnews.com/10202946/how-one-rental-service-uses-a-new-digital-tool-to-detect-vehicle-damage
Categories: Rental Operations
ACRA Announces New Board Member

The trade group’s board voted in Brenda Azua to serve the remaining term of a departing board director.

https://www.autorentalnews.com/10202932/acra-announces-new-board-member
Categories: Rental Operations, Rental Software
How to Get the Most Revenue, Efficiency in the Digital World

Choosing from all the new advanced technology tools can be overwhelming, but trying some of them can help rental operators improve their customer experience...

https://www.autorentalnews.com/10202831/how-to-get-the-most-revenue-efficiency-in-the-digital-world
Categories: Rental Operations
Go Rentals Partners With RedBird Capital

Go Rentals will benefit from RedBird’s system of leading aviation, sports, entertainment, and financial services platforms.

https://www.autorentalnews.com/10202642/go-rentals-partners-with-redbird-capital-partners
Categories: Rental Operations
What Would Millennial and Gen Z New Yorkers Rather Do Than Stand in Line for a Rental Car?

A recent survey revealed the frustrations of younger New Yorkers waiting at the rental car counter as the busy summer travel season gets in full swing.

https://www.autorentalnews.com/10202637/what-millennial-and-gen-z-new-yorkers-would-rather-do-than-stand-in-line-at-the-rental-car-counter
Categories: Rental Operations
Carwiz Expands Operations to Jamaica

Carwiz services are now available at Sangster International Airport in Montego Bay and Kingston Downtown.

https://www.autorentalnews.com/10202625/carwiz-expands-operations-to-jamaica
Categories: Fleet, Remarketing, Used Vehicle Values
 Used-Vehicle Inventory, Prices Hold Steady as Sales Edge Higher

The last several months have closely followed 2019 levels, the last normal year, which means dealers are balancing their inventory to the sales rate and...

https://www.autorentalnews.com/10202446/used-vehicle-inventory-prices-hold-steady-as-sales-edge-higher
Categories: Fleet, Remarketing
New-Vehicle Inventory Up 40% YOY as Prices Stabilize

While inventory is up substantially compared to 2021 and 2022 levels, it remains low by historical standards.

https://www.autorentalnews.com/10202409/ev-inventory-grows-while-new-vehicle-inventory-and-prices-stabilize
Categories: Autonomous Technology, Fleet Acquisition, Fleet Forward
Beijing Allows Driverless Taxis For Commercial Service

The autonomous vehicles will serve the fare-paying public in a 193-square mile area following a series of trials and tests.

https://www.autorentalnews.com/10202222/driverless-taxis-to-start-paid-service-in-beijing
Categories: Rental Software
Dealerware Integrates with Toyota App to Enhance Rental Experiences

Dealerware integration lets dealers view customer rentals booked through the Toyota App.

https://www.autorentalnews.com/10202234/dealerware-integrates-with-toyota-app-to-enhance-rental-experiences
Categories: Fleet, Remarketing, Used Vehicle Values
Used, Wholesale Vehicle Values Down by a Record for June

The Manheim Market Report values saw above-average declines that were relatively consistent, with values declining almost 4% in the last four weeks.

https://www.autorentalnews.com/10202166/used-and-wholesale-vehicle-values-down-june-2023
Categories: Rental Operations
Rent-A-Wreck Opens Franchise in Costa Rica

The new franchise marks the company’s first Central American location.

https://www.autorentalnews.com/10202188/rent-a-wreck-opens-franchise-in-costa-rica


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