A scene from the 2022 IARA Summer Roundtable in Nashville, Tennessee, where alliance leaders and members gather for pow-wows on leading industry issues and challenges. Photo: Martin Romjue / Bobit For more than 20 years, the International Automotive Remarketers Alliance has been hosting an annual Summer Roundtable conference bringing together the multiple sectors of vehicle… Continue reading Time to Round Up Remarketers for Major Industry Event
Author: Auto Rental International Online News
New-Vehicle Sales to Increase 11% Through First Half of 2023
A key driver of the new-vehicle market in 2023 has been the vastly improved new-vehicle inventory levels, which are up more than 70% year over year in June. Photo: Esmihel Muhammed / Pexels Cox Automotive forecasted June 27 that U.S. new-vehicle sales volume will reach 7.65 million units in the first half of 2023, an… Continue reading New-Vehicle Sales to Increase 11% Through First Half of 2023
DriveItAway Announces Partnership with Partners Personnel
This collaboration aims to provide stability for employees who lack a form of reliable transportation by offering affordable electric vehicle options. Photo: DriveItAway/Partners Personnel DriveItAway Holdings, Inc. an automotive mobility platform, has announced June 21 its partnership with industrial staffing company Partners Personnel, one of the largest staffing companies in the U.S. This collaboration aims… Continue reading DriveItAway Announces Partnership with Partners Personnel
Spring Free EV – An Alternative LTV Credit Limitations
Access Now Bookmark + Companies looking to expand their fleets face dual challenges of finding vehicles to purchase and navigating the gauntlet of loan-to-value credit rules to acquire the vehicles. Learn how Island Rides solved both issues. By Spring Free EV Go to Source
TSD and Zubie Expand Partnership
By leveraging Zubie’s OBD telematics and Asset Trak capabilities, dealerships will be able to manage their entire fleet from a single connected platform. Grahpic: Zubie/TSD TSD, a widely used rental management system, and Zubie, a provider of telematics solutions, announced on June 20 the expansion of their strategic partnership. Building on their collaboration in the… Continue reading TSD and Zubie Expand Partnership
New Vehicle Supply Hits Two Year-High
Aside from low-volume, high-performance cars, vehicles with the lowest days’ supply were compact, midsize and subcompact cars, with below 40 days’ supply, followed by compact SUVs and minivans. Aside from niche uber luxury vehicles, segments with the highest supply were full-size cars and EVs, at more than 100 days’ supply, followed by high-end luxury cars… Continue reading New Vehicle Supply Hits Two Year-High
Green Motion Adds Second Portugal Location
GM Porto team with their first customer, Tiago Costa. Green Motion International car rental brand Green Motion continues its European expansion, adding a new location in the historic city of Porto, Portugal. Green Motion first entered the Portuguese market with sale of its Master Country Franchise to MCoutinho Group with the inaugural location opening in… Continue reading Green Motion Adds Second Portugal Location
Easirent Opens Austin Location
Easirent Austin Branch Manager, Jonel Decius. Easirent Easirent has opened a branch near Austin-Bergstrom International Airport, continuing the rapid expansion of its short-term car rental business, according to CEO Paul Hanley. The new office represents the Fort Lauderdale company’s fifth Texas location, an office connected to the airport by an 11-minute ride on a… Continue reading Easirent Opens Austin Location
Rental Car Services Are Booming. Are You Poised to Scale Up?
The car rental market is poised to grow to $200 billion by the end of 2033, a 9.6% increase in demand over the next decade. Canva The future looks bright for the rental car industry. According to a recent report in Fact.MR, the rental car market is poised to grow to $200 billion… Continue reading Rental Car Services Are Booming. Are You Poised to Scale Up?
NuVinAir Launches Multi-Purpose Cleaning Solution
One Power Pod makes 32 ounces of a safe and powerful multi-purpose cleaning solution. Photo: NuVinAir NuVinAir has introduced ReNuSurface Power Podz for rental-car companies, dealerships, and detailers. The proprietary cleaning solution simply dissolves in water to create a safe, eco-friendly, and powerful cleaner. “We are thrilled to launch our latest product, Power Podz, an eco-friendly extension of… Continue reading NuVinAir Launches Multi-Purpose Cleaning Solution