The major market vehicle segments saw seasonally adjusted prices that remained lower year over year in February. Graphic: Cox Automotive Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were down in February compared to January, according to the Manheim Used Vehicle Value Index (MUVVI) released March 7. The index fell to 203.8,… Continue reading Wholesale Used-Vehicle Prices Decline in February
Author: Auto Rental International Online News
Auto Rental Fleets Drive Overall Monthly Fleet Sales Momentum
Rental fleets rode to the rescue for monthly fleet sales, racking up a 45.7% YOY gain in February, leading to a 21.4% YOY overall gain. Graphic: Bobit Rental car fleets spurred the overall fleet sales advance in February and maintained the upward trend so far this year, according to Bobit/Automotive Fleet sales data released March… Continue reading Auto Rental Fleets Drive Overall Monthly Fleet Sales Momentum
Public Charging Landscape Deteriorating, J.D. Power Study Finds
Public charger availability not only remains the least satisfying aspect of owning a BEV, but also that the experience has become notably worse, particularly among non-Tesla owners. Photo: J.D. Power/Canva/Automotive Fleet Despite the difference in how battery electric vehicles and internal combustion engine vehicles are powered, what vehicle owners look for in the two remains the same.… Continue reading Public Charging Landscape Deteriorating, J.D. Power Study Finds
ICRS 2024: Understanding the Post-Pandemic Wholesale Market
This seminar looks at an overview of the current wholesale market and emerging trends on the horizon. Graphic: Bobit As the wholesale market returns to a more stable state, what does the new normal look like? In this International Car Rental Show seminar, attendees will get a more detailed look into the current wholesale and used retail… Continue reading ICRS 2024: Understanding the Post-Pandemic Wholesale Market
ICRS 2024: AI for Car Rental
Attendees will get the opportunity to interact with a live chatbot to understand how AI could help their car rental business. Graphic: Bobit Want to learn more about potentially using AI in your car rental facility? This interactive seminar is a great way to learn more about AI and how it could be helpful to your… Continue reading ICRS 2024: AI for Car Rental
RentalMatics, Europcar Iceland Renew Tech Partnership
The RentalMatics platform can provide rental car drivers with advance notice about severe weather conditions and guide drivers on preventing potential damage expenses. Photo: Rudy Kirchner / Pexels RentalMatics, a global telematics provider to the auto rental industry, has officially renewed its partnership with Europcar Iceland, which will deploy an advanced fleet management tool in… Continue reading RentalMatics, Europcar Iceland Renew Tech Partnership
Hertz Faces Class Action Lawsuit Over ADA Driver Access to Rental Cars
The lawsuit claims that in recent years Hertz has made its services less accessible to people with disabilities by drastically reducing the models and types of vehicles that may be reserved with hand controls. Photo: Sora Shimazaki / Pexels Nonprofit law firm Disability Rights Advocates filed a class action lawsuit in the Northern District of… Continue reading Hertz Faces Class Action Lawsuit Over ADA Driver Access to Rental Cars
Expert Debate to Dig Deep on EV Challenges
During their debate, Greenfield and Case will cover the challenges of charging network access, high costs and price changes, dealer pushback, cold weather dramas, and whether 2030 is a realistic date for current EV sales and adoption targets. Photos/Graphic: Speakers / Bobit 2023 and 2024 have produced a spate of inconvenient and negative headlines on… Continue reading Expert Debate to Dig Deep on EV Challenges
SIXT Baltics Franchise Uses New Vehicle Inspection Tool
Employees can mark damages to places that may not be apparent at first. The photo-taking process is checked by AI, ensuring all photos are of good quality and taken from the right angles. Photo: DriveX SIXT’s franchise partner in the Baltic nations has adopted DriveX car inspection as a new tool for their employees. Transporent… Continue reading SIXT Baltics Franchise Uses New Vehicle Inspection Tool
Enterprise Mobility Adds Thailand to Growing Asia-Pacific Presence
(L to R): Komsit Sangmanee, COO, Thai Rent a Car; Theerakup Thammaneewong, executive director, Thai Rent a Car; Marco Beltgens, assistant vice president, Enterprise Mobility; and Dona Truong, regional rental manager, Enterprise Mobility. Photo: Enterprise Mobility Three of the world’s top car rental brands are coming to Thailand. Enterprise Mobility announced Feb. 15 an agreement… Continue reading Enterprise Mobility Adds Thailand to Growing Asia-Pacific Presence