Get ready for a revamped CAR event in 2023 that brings together professionals from every sector in the remarketing industry. Photo: Bobit The 2023 Conference of Automotive Remarketing recently opened up for programming proposals — also known as a “call for papers” — that could qualify for the schedule of the three-day event being held… Continue reading What’s Your Topic A for the Conference of Automotive Remarketing?
Author: Auto Rental International Online News
Florida EV Rental Company to Receive Tesla Model 3s
Elektros will receive its first Tesla Model 3 vehicles next month to help start its EV rental operations as soon as fourth quarter 2022. Photo: Canva Elektros, an electric transportation company, has started scheduling initial electric vehicle (EV) deliveries for its car rental fleet. The company has scheduled delivery of its first Tesla Model 3… Continue reading Florida EV Rental Company to Receive Tesla Model 3s
Remarketers Group Generates Deeper Topics on EVs
The IARA Summer Roundtable hosted meetings of all its standing committees on Aug. 17, 2022 in Nashville, Tennessee, to discuss a wide array of remarketing industry topics, including the valuation and handling of used electric vehicles. Photo: Martin Romjue / Bobit Roundtables aren’t just meant to be talked over, but can be loaded up with… Continue reading Remarketers Group Generates Deeper Topics on EVs
Hyundai, Kia Recall SUVs for Faulty Tow Hitch System
Due to the fire risk identified in the vehicles, the OEMs advise parking outside, away from structures. Photo: Kia Hyundai Motors America is recalling an estimated 245,030 2020-2022 Hyundai Palisade SUVs, and Kia America, Inc. is recalling approximately 36,417 2020-2022 Kia Telluride vehicles for a fire risk. The manufacturers are advising the owners of these models to… Continue reading Hyundai, Kia Recall SUVs for Faulty Tow Hitch System
EvoCharge Launches Concealed Pedestals for Charging Stations
The new pedestals come in two widths, 4-inch square and 6-inch square. The concealed raceway keeps wiring safely enclosed within the pedestal. Photo: EvoCharge EvoCharge, a provider of in electric vehicle supply equipment (EVSE) and cable management solutions, announced Aug. 23 it has launched the new EvoCharge concealed pedestal for mounting EV chargers in public… Continue reading EvoCharge Launches Concealed Pedestals for Charging Stations
Carwiz Expands in Kosovo and Slovakia
After witnessing the success of the Carwiz brand in the Czech Republic, Erik Rajohnson, director of RX auto s.r.o., decided to expand into the Slovakian market with a franchise operation. Photo: Carwiz Carwiz International announced in a statement expansion in Kosovo and Slovakia. According to the company, the franchise has expanded to about 30 countries. After… Continue reading Carwiz Expands in Kosovo and Slovakia
Wholesale Used Vehicle Prices Decline This Month
Vans had the largest increase in seasonally adjusted prices at 14.5%, while both non-luxury car segments again outpaced the overall industry in seasonally adjusted year-over-year gains. Source: Manheim Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined 3.6% from July in the first 15 days of August, according to the Manheim Used… Continue reading Wholesale Used Vehicle Prices Decline This Month
Anchorage: Most Expensive Rental Car Rates
Cheap Car Rental found out that Anchorage had the most expensive rental rates at $949 per week for the cheapest car. However, in general, car rental customers now spend around 15% less compared to August 2021. Photo: Canva The Alaskan city of Anchorage is the most expensive U.S. destination for renting a vehicle this summer,… Continue reading Anchorage: Most Expensive Rental Car Rates
Lyft Now Offers Autonomous Vehicle Rides in Las Vegas
Lyft has partnered with Motional, a driverless technology provider, to help bring commercialization of Level 4 autonomous vehicles. Photo: Lyft Lyft Inc. and Motional, a provider of driverless technology, announced the launch of Motional’s all-electric IONIQ 5 robotaxi – an autonomous vehicle (AV) designed for driverless ride-hail operation – on the Lyft network in Las Vegas. This… Continue reading Lyft Now Offers Autonomous Vehicle Rides in Las Vegas
Business Travel Spending Anticipated to Hit Full Recovery in 2026
Global business travel spending is expected to gain 33.8% in 2022, according to the 2022 GBTA Business Travel Index Outlook. Photo: Canva The global business travel industry continues its progress toward full recovery to 2019 pre-pandemic spending levels of $1.4 trillion, but recovery has hit some headwinds. As many Covid-related recovery conditions have improved, many… Continue reading Business Travel Spending Anticipated to Hit Full Recovery in 2026