The transition towards higher voltage charging infrastructure promises enhanced performance and reduced charging times alongside regulatory initiatives that support the deployment of fast chargers. Photo: Martin Romjue / Bobit The world is witnessing an electrifying revolution in the automotive industry, as electric vehicles (EVs) emerge as a compelling solution to combat climate change and reduce… Continue reading 3 Key Trends Driving the EV Charging Market
Author: Auto Rental International Online News
Paul Stone To Leave Hertz COO Post
Paul Stone has served as President and COO since October 2021, and previously served as President and CEO of Hertz from May 2020 to October 2021. Photo: Hertz / Design: Canva Hertz Global Holdings, Inc. announced Sept. 13 that Paul Stone, chief operations officer and President, will step down from his role on Sept. 30… Continue reading Paul Stone To Leave Hertz COO Post
Rental Car Provider Adds Another Spot on the Globe
Carwiz recently opened car rental locations across the nation of Georgia, including in the Black Sea coastal city of Batumi. Photo: Carwiz Carwiz, a global rent-a-car company, announced on Sept. 6 its entry into the nation of Georgia on the Caucuses region. Carwiz is furthering its presence in Georgia after it recently established outlets in… Continue reading Rental Car Provider Adds Another Spot on the Globe
Wholesale Used-Vehicle Prices and Sales Holding Steady
Compared to August 2022, pickups, vans, and SUVs lost less than the industry, down 2.8%, 6.1%, and 7.5%, respectively. Compact cars performed the worst year over year, down 13.3%, followed by midsize cars at 12%, and luxury down 8.8%. Graphic: Cox Automotive / Manheim Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis)… Continue reading Wholesale Used-Vehicle Prices and Sales Holding Steady
Used Vehicle Supply Drops on Strong Sales
The average used-vehicle listing price began September lower than one month ago and was down 6% compared to August 2022. Graphic: Cox Automotive Used-vehicle inventory declined throughout August on stronger sales, according to the Cox Automotive analysis of vAuto Available Inventory data released Sept. 8. The total supply of unsold used vehicles on dealer lots… Continue reading Used Vehicle Supply Drops on Strong Sales
Rental Car Company Boosts Employee Wellness in Chill Zone
At GO Rentals, true success extends beyond customer service and quality vehicles to the physical and mental health of employees. Photo: GO Rentals Recognizing the need to support its employees’ mental health, GO Rentals, a rental car company with eight locations in New Zealand, has unveiled a new solution: A dedicated mini chill zone at… Continue reading Rental Car Company Boosts Employee Wellness in Chill Zone
New-Vehicle Supply Grows Ahead of Potential Strike
All domestic brands but two had supply above the industry average at the start of September. Graphic: Cox Automotive New-vehicle supply, especially for most domestic brands, grew through August ahead of a potential strike by the UAW on Sept. 14 when the union’s contract with GM, Ford and Stellantis expires. Throughout August, the total U.S.… Continue reading New-Vehicle Supply Grows Ahead of Potential Strike
A Customer View Deepens Understanding of 3 Core Business Points
Whether you’re a rental-service manager or a salesperson, you can differentiate yourself by showing up, following up, and doing what you say you’ll do for your people. Take the time to listen to your customers. File photo: Bobit For the first 25 years of my career in the rental-car business, I held a dozen managerial… Continue reading A Customer View Deepens Understanding of 3 Core Business Points
Recovering Fleet Sales Outpace Retail Sector
Sales to rental fleets saw a 101.6% increase, while sales to government fleets rose by 39%, and sales to commercial fleets were mostly flat, increasing by 1.2%. Graphic: Cox Automotive Sales into large rental, commercial, and government fleets increased compared to the previous year, according to a Cox Automotive analysis of Bobit data released Sept.… Continue reading Recovering Fleet Sales Outpace Retail Sector
National Digital Titling Clearinghouse is Streamlining Operations for Fleets
Image Courtesy of Tyler Technologies The automotive industry is evolving as fleet sizes increase and interstate purchases and sales continue to grow. Fleet operators’ demand for more streamlined processes and efficient operations is paramount to a stronger bottom line. One of the critical challenges faced by fleets is the slow and cumbersome titling process, particularly… Continue reading National Digital Titling Clearinghouse is Streamlining Operations for Fleets