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Categories: Global Fleet, Operations, Rental Operations
Green Motion Adding Rental Car Services Across Malaysia

The international auto rental company will open its first facility in the country before the end of the year and then expand to six more locations in 2024.

https://www.autorentalnews.com/10210461/green-motion-adding-rental-car-services-across-malaysia
Categories: Fleet Acquisition, Remarketing, Used Vehicle Values
Used Vehicle Supply Limited at November Start

Wholesale used-vehicle prices decreased 2.3% in October from September and were down 4% from a year ago.

https://www.autorentalnews.com/10210377/used-vehicle-supply-limited-at-november-start
Categories: Rental Operations
3 Rental Companies Take Steps to Ease and Grow Booking Process

The truck rental providers are joining Flexter.com’s booking platform to expand available vehicles, locations, and options.

https://www.autorentalnews.com/10210379/3-rental-companies-take-steps-to-ease-and-grow-booking-process
Categories: Fleet, Fleet Acquisition, Small Fleet, Vehicle Research
The UAW Staged a Strike, and New Vehicle Supply Rose

Supply chains have stabilized while market headwinds from high interest rates and high prices are muting sales.

https://www.autorentalnews.com/10210373/the-uaw-staged-a-strike-and-new-vehicle-supply-rose
Categories: Associations, Batteries/Tech, Electric, Electric Vehicles, Green Fleet, Operations, Remarketing
Putting EV Battery Risks and Safety into Perspective

Electric vehicles can burn at twice as hot as magma, but advances in battery technology and operational practices will further reduce the chances of a...

https://www.autorentalnews.com/10209851/putting-ev-battery-risks-and-safety-into-perspective
Categories: Operations, Rental Operations
Enterprise Rent-A-Car to Donate Vehicles to Veterans

The latest round of vehicle deliveries marks the 11th year of Progressive’s annual Keys to Progress vehicle giveaway program.

https://www.autorentalnews.com/10209906/enterprise-mobility-to-donate-vehicles-to-veterans
Categories: Fleet, Remarketing, Used Vehicle Values
Wholesale Used Vehicle Prices Reverse Two Months of Gains

October’s price decline is eerily similar to last October’s 2.2% drop, and this was not unexpected as the market remains balanced.

https://www.autorentalnews.com/10209806/wholesale-used-vehicle-prices-reverse-two-months-of-gains
Categories: Global Fleet, Operations, Rental Operations
U-Save Car Rental Now Doing Business in Canada

The new franchise operations mark another milestone for a company now renting out vehicles in 15 nations.

https://www.autorentalnews.com/10209798/u-save-car-rental-signs-on-for-doing-business-in-canada
Categories: Electric, Electric Vehicles, Fleet Forward, Green Fleet
Hertz Adjusts EV Plans Amid Unforeseen Challenges

The car rental giant is running into some realities about its electric vehicles prompting a "not so fast" approach to fleet electrification.

https://www.autorentalnews.com/10209642/hertz-adjusts-ev-plans-amid-unforseen-challenges
Categories: Rental Operations
Avis Budget Group Reports Peak Demand in Q3 Results

The company had record volume in the Americas with anticipated seasonal price improvements.

https://www.autorentalnews.com/10209624/avis-budget-group-reports-peak-demand-in-q3-results
Categories: Green Fleet, Legal & Legislative, Rental Operations
Car Rental Trade Group Works Top Issues at D.C. Lobbying Event

The American Car Rental Association detailed four legislative and regulatory reforms with Congressional representatives that could ameliorate business...

https://www.autorentalnews.com/10209541/car-rental-trade-group-works-top-issues-at-d-c-lobbying-event
Categories: Rental Operations
LOR Trends Down Slightly as Repair Times Improve

The growing trend of lower Length of Rental (LOR) is promising but still reflects "new normal," recent quarterly analysis shows.

https://www.autorentalnews.com/10209507/lor-trends-down-slightly-as-repair-times-improve
Categories: Fleet, Fleet Acquisition, Vehicle Research
October Fleet Sales Decline as YTD Momentum Steadies

The latest collective figures from the Detroit Big 3 and the Asian Big 6 show a dip in October but sales are still up by a third for the first 10 months of...

https://www.autorentalnews.com/10209521/october-fleet-sales-decline-but-ytd-momentum-stays-strong
Categories: Rental Operations
Three Major Rental Car Franchises Mark Milestone Anniversaries at Convention

NextCar, Priceless, and Rent-A-Wreck managers and staff learned about leading industry topics and participated in deep financial reviews.

https://www.autorentalnews.com/10209497/three-major-rental-car-franchises-mark-milestone-anniversaries-at-convention
Categories: Global Fleet, Operations, Rental Operations
Go Rentals Partners with International Yacht Company

The company’s hospitality-trained team can equip each rental car with special touches requested by guests, and help provide a unified land-sea luxury...

https://www.autorentalnews.com/10209149/go-rentals-partners-with-international-yacht-company
Categories: Global Fleet, Operations, Rental Operations
Carwiz Lands on New Continent

The international auto rental company enters the South American market via Santiago, Chile.

https://www.autorentalnews.com/10209146/carwiz-lands-on-new-continent
Categories: Global Fleet, Operations, Rental Operations
Advantage Car Rental Expands into Puerto Rico

The North American company is securing more markets and working to become a larger player in the auto rental industry.

https://www.autorentalnews.com/10209144/advantage-car-rental-expands-into-puerto-rico
Categories: Fleet, Fleet Acquisition, Operations, Remarketing, Small Fleet
U.S. Auto Sales Up in October Despite UAW Strike

While the UAW strike has slowed output at auto factories nationwide, the fallout has not fully hit consumers in dealer showrooms.

https://www.autorentalnews.com/10209151/u-s-auto-sales-up-in-october-despite-uaw-strike
Categories: Auctions, Operations, Remarketing, Technology
Manheim Launches Three Fixed Imaging Tunnels at Pennsylvania Location

The enhanced rapid cameras spread across dealer check-in, commercial check-in, and post-reconditioning are designed to capture nearly 1,900 vehicles each day.

https://www.autorentalnews.com/10209110/manheim-launches-three-fixed-imaging-tunnels-at-pennsylvania-location
Categories: Fleet Acquisition, Global Fleet, Operations, Rental Operations
Drivalia Pursues Strong Growth in Ireland Market

With a starting focus on operational leasing and fleet management, the company will review opportunities to include subscription products, car sharing, and...

https://www.autorentalnews.com/10209106/drivalia-pursues-strong-growth-in-ireland-market
Categories: Operations, Rental Operations
Enterprise Holdings Rebrands as Enterprise Mobility

The initiative brings Enterprise's car rental, luxury rental, truck rental, vanpooling, carsharing, vehicle subscription, car sales, and fleet management...

https://www.autorentalnews.com/10209012/enterprise-holdings-rebrands-as-enterprise-mobility
Categories: Rental Operations
Hertz Names Justin Keppy as Chief Operating Officer

Prior to joining Hertz, Keppy served as Carrier Corporation’s HVAC President for three years.

https://www.autorentalnews.com/10208902/hertz-names-justin-keppy-as-chief-operating-officer
Categories: Telematics
The ROI of Telematics for Rental Car Operations

How leveraging your rental car data can save up to $137 per vehicle per month.

https://www.autorentalnews.com/10208542/the-roi-of-telematics-for-rental-car-operations
Categories: Global Fleet, Operations, Rental Operations
Carwiz Expands Operations into Australia

The continental addition further solidifies the car rental company's global presence in a growing number of nations.

https://www.autorentalnews.com/10208538/carwiz-expands-operations-into-australia
Categories: Auctions, Fleet, Remarketing, Used Vehicle Values
Wholesale Used Vehicle Prices, Consumer Confidence Dip

Almost all major market segments saw seasonally adjusted prices that were again lower year over year in the first half of October.

https://www.autorentalnews.com/10208409/wholesale-used-vehicle-prices-consumer-confidence-dip
Categories: Rental Operations
Rental Car and Travel Apps, Websites Could Improve User Experience, J.D. Power Finds

Digital apps for rental car, airline, and hotel car play a critical role in the overall travel experience for customers.

https://www.autorentalnews.com/10208386/rental-car-and-travel-apps-websites-could-improve-user-experience-j-d-power-find
Categories: Operations, Rental Software
Flexter, Sofiac Travel Partner on Truck Rental Platform

The collaboration aims to offer truck rental businesses a seamless and efficient way to showcase their fleets on Flexter's user-friendly platform.

https://www.autorentalnews.com/10208383/flexter-sofiac-travel-partner-on-truck-rental-platform
Categories: Global Fleet, Operations, Rental Operations
U-Save Car Rental Opens Outlet in Emilia-Romagna Region of Italy

The franchise operation at Forli Airport was acquired by a family-owned auto retailer.

https://www.autorentalnews.com/10208328/u-save-car-rental-opens-outlet-in-emilia-romagna-region-of-italy
Categories: Rental Operations
Enterprise Holdings Records Best Year on Record

The owner of Enterprise Rent-A-Car draws $35 billion in revenue for fiscal year 2023 from its affiliates and businesses, including Enterprise Fleet Management.

https://www.autorentalnews.com/10208262/enterprise-holdings-records-best-year-on-record
Categories: Rental Operations
Rental Car Satisfaction Grows Amid More Stable Price and Supply

Customers are spending more to travel more this year as penned up demand likely will yield to a more normal price-competitive market.

https://www.autorentalnews.com/10208182/rental-car-satisfaction-grows-amid-more-stable-price-and-supply
Categories: Fleet, Remarketing, Used Vehicle Values
Used Vehicle Supply Tightens as October Starts

The overall used-vehicle inventory volume is still considered limited and has been stuck in the 2.2 million to 2.3 million range for the past four months.

https://www.autorentalnews.com/10207810/used-vehicle-supply-tightens-as-october-starts
Categories: Auctions, Remarketing, Used Vehicle Values
Wholesale Used-Vehicle Prices Increase in September

September auction sales bolstered prices through the channel, but wholesale is at a crossroads, mainly from concerns about the UAW strike possibly slowing...

https://www.autorentalnews.com/10207787/wholesale-used-vehicle-prices-increase-in-september
Categories: Fleet, Remarketing, Used Vehicle Values
Used Vehicle Values Showing Balance After Steep Declines in Q2

The fourth quarter should bring stable pricing among buyers and sellers, which should reflect only modest changes between now and the end of the year.

https://www.autorentalnews.com/10207750/used-vehicle-values-showing-balance-after-steep-declines-in-q2
Categories: Rental Operations
Carwiz Sees Triple-Digit Growth at Five-Year Mark

From a local rent-a-car brand in Zagreb, Croatia, the global brand has grown to span 300 locations across 35 countries.

https://www.autorentalnews.com/10207686/carwiz-sees-triple-digit-growth-at-five-year-mark
Categories: Fleet, Fleet Acquisition, Remarketing, Rental Operations, Vehicle Research
New Vehicle Supply Rises Despite UAW Strike

Since the labor actions started Sept. 15, the U.S. has ample inventory for now from the Detroit automakers that should keep steady supply through the end of...

https://www.autorentalnews.com/10207689/new-vehicle-supply-rises-despite-uaw-strike
Categories: Legal & Legislative, Rental Operations
7 Smart Ways to Crack Down on San Francisco Car Thieves

American Car Rental Association president Sharky Laguana recently penned an op-ed article recommending innovative approaches to stem persistent vehicle...

https://www.autorentalnews.com/10207670/smart-ways-to-crack-down-on-san-francisco-car-thieves
Categories: Rental Operations
U.S. Car Rental Operators: Take Our Business Outlook Survey

To better understand the U.S. rental market, Auto Rental News is conducting a business outlook survey of U.S. franchised and independent operations. Survey...

https://www.autorentalnews.com/10207502/take-our-business-outlook-survey-for-a-chance-to-win-an-intl-car-rental-show-pas
Categories: Electric, Electric Vehicles, Fleet Forward, Green Fleet, Operations, Rental Operations
Ryder Deploys Its First BrightDrop Electric Vehicles into Rental Fleet

As part of its pans to introduce 4,000 electric vans to its fleet through 2025, Ryder has made 600 available in California, Texas, and New York.

https://www.autorentalnews.com/10207262/ryder-deploys-its-first-brightdrop-electric-vehicles-into-rental-fleet
Categories: Associations, Auctions, Electric, Electric Vehicles, Green Fleet, Operations, Remarketing
NAAA, IARA Collaborate on New Electric Vehicle Standards

The leading auction and consignor professional trade organizations will work together in the areas of EV safety, consignor-auction transaction standards,...

https://www.autorentalnews.com/10207281/naaa-iara-collaborate-on-new-electric-vehicle-standards
Categories: Rental Operations
Car Rental Brands Partner with AutoRentals.com for Discounts

Avis, Budget, Sixt, York, and Green Motion are joining with AutoRentals.com to offer reductions of up to 25%.

https://www.autorentalnews.com/10207245/car-rental-brands-partner-with-autorentals-com-for-up-to-25-discounts
Categories: Fleet, Remarketing, Small Fleet
September Sales Forecast To Be Up YOY Despite Setbacks

Sales in Q3 are expected to surpass 3.9 million, a jump of more than 15% from the same timeframe one year ago.

https://www.autorentalnews.com/10207027/september-sales-forecast-to-be-up-13-year-over-year-despite-setbacks
Categories: Rental Operations
Want to Speak at the 2024 ICRS?

The 2024 International Car Rental Show, convening April 15-17 in Las Vegas, is accepting submissions to deliver a presentation and join the agenda.

https://www.autorentalnews.com/10206959/want-to-speak-at-the-2024-icrs
Categories: Auctions, Operations, Remarketing, Rental Operations, Technology
Vehicle Damage Detection Getting Smarter with AI

The fast-moving merger of digital and smart technologies is leading to more accurate vehicle inspections, thereby reducing liability, disputes, and losses...

https://www.autorentalnews.com/10206796/vehicle-damage-detection-getting-smarter-with-ai
Categories: Electric, Electric Vehicles, Green Fleet, Operations, Rental Operations
New Data Shows How Car-Sharing Affects Parking, Traffic in NYC

Zipcar finds that car-sharing New Yorkers spend half as much on transportation than car-owning counterparts, just in time for “Car-Free Day” on Sept. 22.

https://www.autorentalnews.com/10206749/new-data-shows-how-car-sharing-affects-parking-traffic-in-nyc
UAW Strike & Gov’t Shutdown: A Perfect Storm?

While the strike is still too young to reveal its effect on fleet vehicle inventories, the looming government shutdown could present a double whammy of...

https://www.autorentalnews.com/10206714/uaw-strike-govt-shutdown-a-perfect-storm
Categories: Global Fleet, Operations, Rental Operations
NextCar Announces New Location on Small Indian Ocean Island

Visitors can select from a complete menu of vehicle types at the main international airport.

https://www.autorentalnews.com/10206569/nextcar-announces-new-location-on-small-indian-ocean-island
Categories: Auctions, Operations, Rental Operations, Technology
The Future of Car Rentals: Big Data and Game-Changing AI Inspection Technology

Big data analytics, coupled with innovative technology solutions, are revolutionizing the car rental industry, helping companies drive efficiency,...

https://www.autorentalnews.com/10206598/the-future-of-car-rentals-big-data-and-game-changing-ai-inspection-technology
Categories: Global Fleet, Operations, Rental Operations
MEX Rent-A-Car Opens New Facility in Cancun

This addition is another step in the auto rental company’s global expansion, marked by a growing fleet and new technologies.

https://www.autorentalnews.com/10206567/mex-rent-a-car-opens-new-facility-in-cancun
Categories: Charging, Electric, Electric Vehicles, Electrification, Fleet Forward, Green Fleet, Operations
EV Mandates Jump Ahead of Energy and Charging Resources

The Off-Peak Video Summary: The goals and visions of mass adoption of electric vehicles do not yet match the realities of power sources. How should fleet...

https://www.autorentalnews.com/10206344/ev-mandates-jump-ahead-of-energy-and-charging-resources
Categories: Electric, Electric Vehicles, Electrification, Green Fleet
What Happened at Fleet Forward: The Tour NY/NJ?

Fleet managers attended from ABM Industries, Teva Pharmaceuticals, AGFA, Zoetis, Mondelez Global, GSA, Christy's Auto Rental, Con Edison, and New York City...

https://www.autorentalnews.com/10206359/fleet-forward-the-tour-lands-in-ny-nj


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