Year-to-date auction sales rose across all vehicle age categories so far when compared to Jan-Aug. 2023. Graphic: AuctionNet Total AuctionNet wholesale auction sales reached 593,285 units in August, almost equal to August 2023’s figure on an unadjusted basis but up 4.6% when factoring in the number of selling days for each month (23 and 22… Continue reading Auction Sales Volume Grows in August
Author: Auto Rental International Online News
Uber, Turo Partner to Arrange Car Rental Access
The partnership gives Uber Rent customers more choices on their preferred vehicles for all types of trips, from errands to weekend getaways. Photo: Turo Uber Technologies, Inc. and Turo, Inc. a peer-to-peer car sharing marketplace, announced Sept. 5 a multi-year partnership which will enable Uber customers to rent from Turo’s wide-ranging selection of vehicles directly… Continue reading Uber, Turo Partner to Arrange Car Rental Access
Fleet Sales Start Overall YTD Decline in August
The steepest year-over-year drop last month happened among rental car fleets. Graphic: Bobit While overall vehicle sales to the rental, commercial, and government fleet sectors are straddling 2023 levels, rental fleets are still holding their own year-to-date, according to monthly Bobit fleet sales data released Sept. 4. Fleet sales for the first eight months of… Continue reading Fleet Sales Start Overall YTD Decline in August
Europcar Boosts the EV Fleet of Energy Companies in the Dominican Republic
(L to R): Miguel Bobadilla, commercial manager of Europcar DR, Emilia Rosario, general manager of Europcar DR, and Oscar de San Martín, general manager of CEPM. Photo: Europcar Dominica Europcar Dominicana recently delivered over 100 electric vehicles to the fleet operation of the Punta Cana-Macao Energy Consortium (CEPM), a Dominican Republic electric power provider that… Continue reading Europcar Boosts the EV Fleet of Energy Companies in the Dominican Republic
U-Save Opens New Car Rental Outlet in Poland
(L to R): Bartosz Sulek, branch manager and Michał Switalski, rental agent of U-Save Wroclaw Airport. Photo: U-Save Poland Rental car provider U-Save Car & Truck Rental recently opened its newest European location in Wroclaw, Poland, marking a major step in U-Save’s global expansion and strengthening its presence in a key European market. With more… Continue reading U-Save Opens New Car Rental Outlet in Poland
Hertz Adds Two Board Directors in Year of Corporate Changes
The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., operates the Hertz, Dollar, and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia, and New Zealand. The Hertz Corporation is one of the largest worldwide vehicle rental companies. Graphic: Hertz Hertz appointed two new board… Continue reading Hertz Adds Two Board Directors in Year of Corporate Changes
How to Increase Revenue for Smaller Car Rental Companies
The ICRS panel on increasing revenues for small rental operations included (L to R) moderator Roger Zakaria, CEO of Fleet Consulting Association (FCA); Michael Meyer, president of Rate Highway, Inc.: Joshua Stock, owner of Carzi Rent a Car; and Trent Gifford, CEO and co-founder of Appzoola. Photo: Ross Stewart / Stewart Digital Media A car… Continue reading How to Increase Revenue for Smaller Car Rental Companies
Rental Fleet Sales Still Well Below Pre-COVID Norms
The big rebound year for rental was 2022 to 2023, when sales increased by 58%. This is an AI-generated image for informational purposes only. Refer to our Terms of Use. Light-duty fleet sales from the last “normal” year before the COVID-19 pandemic and through projected sales for 2024 show overall sales in three fleet segments… Continue reading Rental Fleet Sales Still Well Below Pre-COVID Norms
Finalrentals Opens Rental Car Service in Bosnia and Herzegovina
Bosnia and Herzegovina are home to beautiful towering mountains, the site of the 1984 Winter Olympics, forests, historical fortresses, monasteries, and mosques, according to AFS USA. Photo: Finalrentals The global car rental brand Finalrentals recently set up operations in Bosnia and Herzegovina, two months after it launched in Turkey. The company has partnered with a… Continue reading Finalrentals Opens Rental Car Service in Bosnia and Herzegovina
How to Make More Money in Car Rental
The panel session included moderator Mark Eckhaus (lower left), president and CEO of Eckhaus Fleet; and panelists (top L to R): Cindy Trennery, relationship officer at 1st Source Bank’s Auto & Light Truck Division; Tom Guy, vice president of retail operations at Mike Albert Rental; and Paige Eckhaus, president and director of operations, Hertz Rent… Continue reading How to Make More Money in Car Rental