Cox Automotive Update: August Sales Pace Forecast to be Year’s Slowest

The seasonally adjusted annual rate (SAAR) in August of 14.3 million is the slowest sales pace this year. The auto sales pace was averaging nearly 17.0 million a month through May. Photo: Cox Automotive Group U.S. auto sales are projected to be markedly slower in August due to low supply, according to the latest Cox… Continue reading Cox Automotive Update: August Sales Pace Forecast to be Year’s Slowest

Tampa Airport to Hire Close to 1K Workers

The airport is looking to hire jobs across car rental companies, shops, and airport services. Photo: Dustin Coates via Flickr With airport travel continuing to increase, Tampa International Airport is holding its largest career fair, with close to 1,000 jobs available, according to a report by Tampa Bay Times. Jobs are open at the airport’s… Continue reading Tampa Airport to Hire Close to 1K Workers

Kyte Launches Rental Service in Seattle

The new location is the eighth operating city for the app-based rental service. Photo: Kyte Kyte, an on-demand car rental service, started operating in Seattle earlier this month, according to a report by Geek Wire. Seattle is Kyte’s eighth operating city. San Francisco-based Kyte is now available in Seattle and the Ballard, Fremont, Capitol Hill,… Continue reading Kyte Launches Rental Service in Seattle

Enterprise Car Club Adds Electric Vehicles to Fleet

The new vehicles brings Enterprise Car Club’s fleet to 260 low-emission on-street vehicles across 18 cities in Scotland. Photo: Enterprise Car Club Enterprise Car Club is introducing eight new low-emission hybrid electric cars in the Highlands and Islands region of Scotland, which can be booked using the new GO-HI journey planning app. The GO-HI app enables users to… Continue reading Enterprise Car Club Adds Electric Vehicles to Fleet

Green Motion Signs New Houston Affiliation at the ICRS

Joe Cross (left), Green Motion U.S. Development Manager, Kal Abushabaan (middle), owner of Green Motion Houston, and Brenda Azua (right), Green Motion International franchise development director. Photo via Green Motion.  Last week at the International Car Rental Show (ICRS), international car rental brand Green Motion successfully signed up a new affiliation covering Houston, Texas, continuing the brand’s rapid expansion in… Continue reading Green Motion Signs New Houston Affiliation at the ICRS

Sixt’s Second Quarter Results on Par with Record 2019

This quarter, U.S. operating revenues increased 4x compared to Q2 2020. New locations at various U.S. airports are a large contributor to Sixt’s growth. Photo: Sixt In the second quarter of 2021, Sixt Group’s business performance is on par with the record year of 2019, the company reported in a press announcement. Consolidated earnings before taxes (EBT)… Continue reading Sixt’s Second Quarter Results on Par with Record 2019

Used Vehicle Sales Slowing After Quick Spring Pace

Used Vehicle SAAR and Volume Graph: Cox Automotive Total used-vehicle sales were down 18% year-over-year in July, according to Cox Automotive estimates. The seasonally adjusted annual rate (SAAR) of sales declined to 36.9 million, down from 44.8 million in July 2020, which was a strong used-vehicle sales month and the early days of the initial… Continue reading Used Vehicle Sales Slowing After Quick Spring Pace

Used Vehicle Prices Set New Records Amid Tight Supply

Average used vehicle listing price based on 30-day sales. Graph: Cox Automotive The average listing price for used vehicles set another record in July as vehicle inventory remained tight, according to the Cox Automotive analysis of vAuto Available Inventory data. The days’ supply of vehicles inched higher, but only because sales slowed. The average listing… Continue reading Used Vehicle Prices Set New Records Amid Tight Supply

GM Expands Chevrolet Bolt Recall to All Model Years

The 2022 Chevrolet Bolt EUV was added to the recall list by GM on Aug. 20, 2021. Photo: GM General Motors on Aug. 20 widened an ongoing recall of the Chevrolet Bolt EV to cover the remaining 2019 and all 2020-2022 model year vehicles, including the Bolt EUV, according to a press release. In rare… Continue reading GM Expands Chevrolet Bolt Recall to All Model Years