Once again, rental car fleet sales are spurring the overall monthly fleet sales figure while preserving the year-to-date increases. Graphic: Bobit The May fleet sales tallies from Bobit show the monthly total has regained an increase while year-to-date fleet sales are maintaining a narrow upward trendline. Overall monthly fleet sales were 216,387 vehicles in May,… Continue reading Monthly and Year-to-Date Fleet Sales Rise in May
Author: Auto Rental International Online News
Two Hertz Execs Leaving Amid Company Troubles
New Hertz CFO Scott Haralson is a seasoned executive and veteran of the transportation industry, having most recently served as CFO of Spirit Airlines. Photo: Hertz Hertz announced on June 3 it is losing its chief financial officer and chief operating officer as the reeling auto rental company struggles with fallout from an over-investment in… Continue reading Two Hertz Execs Leaving Amid Company Troubles
Bob Kelley, Publisher of Kelley Blue Book, Pioneered Used Vehicle Values
Kelley managed and published the Kelley Blue Book, building it from a well-known auto value guidebook into a pioneering internet resource. Photo: Kelley Family / Graphic: Bobit Bob Kelley, former publisher of the Kelley Blue Book, died May 28 at his home in Indian Wells, California, of natural causes, according to his official obituary. He was… Continue reading Bob Kelley, Publisher of Kelley Blue Book, Pioneered Used Vehicle Values
Green Motion Adds Franchises in the Netherlands, Ethiopia
Green Motion Netherlands team (L to R): Thom Doorenbosch, Richard Lowden, Mark van der Kallen, Krijn van Aken, Sophie Gadsden. Photo: Green Motion Green Motion International has arranged master franchises with car rental operations in the Netherlands and Ethiopia, the company announced on May 24. KAV Autoverhuur, a Dutch domestic van, truck, and car rental business, has… Continue reading Green Motion Adds Franchises in the Netherlands, Ethiopia
RateHighway, Rexalto Partner to Advance Car Rental Pricing
This is an example of the artwork that RateHighway and Rexalto use in talking about their latest tech tool collaboration on real-time rental car pricing. Photo: RateHighway RateHighway, a developer of car rental pricing automation, recently joined with Rexalto, a technology firm offering pricing solutions, to integrate Rexalto’s AMPE pricing engine into RateHighway’s RateMonitor ecosystem,… Continue reading RateHighway, Rexalto Partner to Advance Car Rental Pricing
Carwiz Named Franchise of the Year in Croatia
Tomislava Ravlić, director of business development at Carwiz International, and Carwiz CEO and founder Krešimir Dobrilović display the company awards from the Croatian Association for Franchise Business. Photo: Carwiz International Carwiz International, a rental car franchise company, recently won three awards at the Franchise Brand Award competition, including the Franchise of the Year award, which… Continue reading Carwiz Named Franchise of the Year in Croatia
OEMs Seeing More Inventory as Days Supply Rises
A spike in supply among brands with twice the industry average of days’ supply pulled up the overall count. Supply ranged from Toyota at the low end with 30 days to Dodge at the high end with 151 days. Graphic: Cox Automotive Despite generally healthy sales in April, brands with 100+ average days’ supply pulled… Continue reading OEMs Seeing More Inventory as Days Supply Rises
Car Rental Express Launches Cost Per Acquisition with Kayak.com
With CPA, paying only for successful rental leads maximizes the value of the agency’s advertising budget. Go to Source
Wholesale Used-Vehicle Prices Increase in First Half of May
All major market segments saw seasonally adjusted prices that remained lower year over year in the first half of May. Graphic: Cox Automotive Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.3% from April in the first 15 days of May, according to the mid-month Manheim Used Vehicle Value Index released… Continue reading Wholesale Used-Vehicle Prices Increase in First Half of May
CARWIZ Contract Spreads Brand to 16 More Countries
(L to R): Amr Fawzy, founder and CEO of Oncarz Mobility, Mohamed Kamal, CEO of Onpassive Technology, and Krešimir Dobrilović, CEO and founder, CARWIZ International, played instrumental roles in bringing about the latest expansion contract to fruition. Photo: CARWIZ CARWIZ International recently expanded into one of the most dynamic tourist regions globally, the Middle East… Continue reading CARWIZ Contract Spreads Brand to 16 More Countries