Finished automobiles no longer flow freely across North America, and key automotive free trade agreements have been scrapped. Graphic: BBM As our Chief Economist Jonathan Smoke feared, the “unthinkable” has happened. New automotive-specific tariffs of 25% on all imported vehicles are now in place. Finished automobiles no longer flow freely across North America, and key… Continue reading New Auto Tariffs Now Bring the Unthinkable
Author: Auto Rental International Online News
Overall Fleet Sales Rise for First Time Since October 2024
All the gains in fleet sales in March were seen in the rental segment, showing the strongest level of sales for any month in the last three years. Graphic: Bobit Among commercial, rental, and government fleets, March 2025 sales totaled 229,950 vehicles, up 2.3% compared to 224,833 vehicles sold in March 2024, according to Bobit… Continue reading Overall Fleet Sales Rise for First Time Since October 2024
SIXT USA Opens Car Rental Branch at Iconic South Florida Hotel
SIXT USA recently opened its newest U.S. rental car branch at the iconic Seminole Hard Rock Hotel & Casino in Hollywood, Fla. The new branch serving hotel guests and area travelers provides direct access to SIXT’s fleet and service. Visitors can rent vehicles onsite, book online at SIXT.com, or reserve via the SIXT app. Located… Continue reading SIXT USA Opens Car Rental Branch at Iconic South Florida Hotel
Wheelsys Gains Private Equity Investment
Vassilis Devletoglou, Founder and CEO, Wheelsys S.A. (L) and his technology team. Photo: Wheelsys Wheelsys S.A., a Greek technology company offering software-as-a-service (SaaS) solutions for the global car rental and car leasing sector, recently drew a minority investment from Halcyon Equity Partners, a private equity fund that invests in mature scale-up and growth small- and… Continue reading Wheelsys Gains Private Equity Investment
Fallout Zone Ahead: Tariffs Will Spike New, Used Vehicle Prices
With tariffs, even more consumers cannot or will not pay up for a new vehicle. As a result, some consumers will get priced out of new vehicles and must trade down to used vehicles, which puts more upward pressure on the value of used vehicles, one Cox expert says. Photo: Pixabay How tariffs will ultimately unfold… Continue reading Fallout Zone Ahead: Tariffs Will Spike New, Used Vehicle Prices
Finalrentals Opens Outlet at Orlando Airport
The Orlando International Airport (MCO) is a busy and vital travel hub in Central Florida, which includes the Disney theme parks and attractions. Photo: Finalrentals Global rental car network Finalrentals recently launched operations at the Orlando International Airport (MCO), one of the busiest and most vital travel hubs in the U.S. The expansion into Orlando… Continue reading Finalrentals Opens Outlet at Orlando Airport
Making the Most of Opportunities in Car Rentals, Mobility, and Loyalty
The car rental industry, which already accounts for around 18% of all vehicles on U.S. roads, is undergoing a major transformation — evolving from its traditional role in leisure and business travel to becoming a key part of urban mobility infrastructure. Photo: Turmisu / Pixabay Whether you call it transportation, mobility, conveyance, or transit, getting from one place… Continue reading Making the Most of Opportunities in Car Rentals, Mobility, and Loyalty
ICRS Memories Inform A 20-Year Perspective on Car Rental Technology
Nick DiPrima (center) with industry colleagues at the International Car Rental Show at Bally’s Hotel and Casino in Las Vegas on April 18, 2016. Photo: Nick DiPrima It’s hard to believe it’s been 20 years since I first walked the exhibit floor of the International Car Rental Show. Back then, as a fresh-faced rental software… Continue reading ICRS Memories Inform A 20-Year Perspective on Car Rental Technology
Green Motion Opens Car Rental Outlet in Hamburg
Fausat Odunfa, customer sales and service rep; Mildred Yepez, customer sales and service rep; Stefan Schwirtz, operations director; Ozier Tokhi, rental station manager; and Rahim Kamgar, customer sales and service rep. Photo: Green Motion Green Motion recently added another location in Germany, opening a new state-of-the-art in-terminal facility at Hamburg International Airport. The franchise is… Continue reading Green Motion Opens Car Rental Outlet in Hamburg
Wholesale Vehicle Auction Sales Up Overall in February
For fleet sales specifically, sales of vehicles up to 2-years-old, which consist of a heavy mix of rental units, jumped more than 15% year-over-year last month, while 3-year-old vehicle fleet sales (which include a large percentage of off-lease units) were up 10.7%. Graphic: AuctionNet Total AuctionNet wholesale auction sales reached 569,000 vehicles in February, up… Continue reading Wholesale Vehicle Auction Sales Up Overall in February