Finalrentals Expands in Saudi Arabia

The expansion is helped by a new partnership with Key Car Rental in the country. Photo: Finalrentals Since its launch in the Kingdom of Saudi Arabia in August 2021, Finalrentals has had plans to expand in the country. The company announced on Aug. 31 that it has added 39 new locations to its network in Saudi Arabia,… Continue reading Finalrentals Expands in Saudi Arabia

Hard Facts on Electric Vehicles Favor Fleet Usage

EV expert Kristin Slanina laid out the long-term benefits of electric fleet vehicles for an audience of remarketing leaders during the IARA Summer Roundtable on Aug. 18, 2022 in Nashville, Tennessee. Photo: IARA In the zeal and excitement over the growth of electric vehicles, early buyers tend to forget they are nothing new. EVs are… Continue reading Hard Facts on Electric Vehicles Favor Fleet Usage

Cox, Spiers Expand Global EV Battery Access

Cox Automotive Mobility offers a unique grading system and diagnostic tool, built in partnership with Spiers New Technologies, that provides a VIN-specific battery health score to help drive confidence and transparency with dealers and consumers. Photo: Cox Automotive Mobility Cox Automotive Mobility and Spiers New Technologies announced on Aug. 30 the expansion of their global… Continue reading Cox, Spiers Expand Global EV Battery Access

What’s Your Topic A for the Conference of Automotive Remarketing?

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?

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