Slight price dips are emerging among some automakers, but overall new vehicle prices are still above sticker and above last year. Graphic: Kelley Blue Book The average price paid for a new vehicle in the U.S. in September 2022 was down from August’s record but remains solidly above the $48,000 mark, according to new data… Continue reading New Vehicle Prices Back Off Record High
Author: Auto Rental International Online News
Enterprise Expands into South Africa
Woodford Group, a family-owned company, began in 1991 with a mission of providing dependable and affordable car rental to everyday South Africans. The company will serve the Enterprise Holdings brands at key locations across the country. Photo: Enterprise Holdings Enterprise Holdings, announced in a statement the addition of new franchise locations featuring car rental options from Enterprise Rent-A-Car, National… Continue reading Enterprise Expands into South Africa
The Only Currency That Matters is Trust
One key area that strong personal relationships go the distance is with legislators and government officials. Car rental professionals shouldn’t forget the power of trust with elected leaders to help advance key issues for their businesses. Photo: Canva Fresh off of the American Car Rental Association’s (ACRA) D.C. Car Rental Conference and Boot Camp, which… Continue reading The Only Currency That Matters is Trust
2022 J.D. Power Study: Rising Rental Costs Affect Customer Satisfaction
In this year’s study, Enterprise comes out on top, followed by National and Alamo. Overall, the industry is down from 2021 and 2020. Source: J.D. Power J.D. Power released its 2022 North America Rental Car Satisfaction Study today, marking industry trends and customer satisfaction within the car rental industry. This year’s study noted that rental fees are up 14%… Continue reading 2022 J.D. Power Study: Rising Rental Costs Affect Customer Satisfaction
What is Scott Painter’s Plan for 23k Electric Vehicles?
Painter says that 80% of Autonomy’s present customers are primarily plugging into 110v outlets at home for Level 1 charging and only traveling an average of 25 miles a day. Photo: Autonomy Scott Painter is all in on electric. If car manufacturers are switching to electric, and California and New York are legislating electric futures,… Continue reading What is Scott Painter’s Plan for 23k Electric Vehicles?
Green Motion Adds New Franchise in Singapore
(L to R) Peter Tan, Green Motion Singapore owner, with Tze Yong and Roger Yeo will start operations mid-December 2022. Photo: Green Motion Eco-conscious car rental brand Green Motion announced the signing of a new long-term Master Franchise agreement in Singapore, the Lion City. This new office will be located in downtown Singapore while supporting the Changi Airport, with an official location opening in December 2022. With a population… Continue reading Green Motion Adds New Franchise in Singapore
Survey: Auto Dealers Well Equipped to Compete in Car Rental Market
The survey showed that dealers have competitive advantages in customer service, fleet management, facilities, and proximity to local rental customers. Photo: Canva Commissioned by connected car platform Dealerware, a survey of U.S. car owners found that auto dealerships have an opportunity to win a share of the $25 billion U.S. car rental market that is primarily… Continue reading Survey: Auto Dealers Well Equipped to Compete in Car Rental Market
Business Travel Continues Strong Outlook for 2023
On average, travel managers estimated their company’s domestic business travel volume is back to 63% of their 2019 pre-pandemic levels, according to a recent GBTA poll. Photo: Canva The Global Business Travel Association (GBTA) has released its October 2022 Business Travel Recovery Poll from a survey of almost 600 business travel buyers, suppliers, and other stakeholders… Continue reading Business Travel Continues Strong Outlook for 2023
GO Rentals Adds Tesla Model Y to Fleet in NZ
The Tesla Model Y will have connectivity to the GO Rentals mobile app for remote functionality. Photo: GO Rentals GO Rentals announced that it is adding at least nine Tesla Model Y EVs to its fleet, already effective at Auckland Airport and soon to be available at all GO Rentals locations later this year, including Auckland City, Wellington, Christchurch,… Continue reading GO Rentals Adds Tesla Model Y to Fleet in NZ
Manheim Index Declines Again as Used Vehicle Market Slows
The used market has seen much more normal supply conditions this year. In fact, the used market has been oversupplied for most of the year. Photo: Bobit Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 3% in September from August, bringing the Manheim Used Vehicle Value Index to 204.5, down 0.1%… Continue reading Manheim Index Declines Again as Used Vehicle Market Slows