Commercial vehicle sales finished the month up 12% on a prior year basis, down modestly from Q4 2024’s 14.7% year-over-year average growth rate. Graphic: AuctionNet AuctionNet wholesale auction sales reached 604,761 units in January, up 11% on a prior year basis, according to monthly AuctionNet figures released Feb. 11. January’s result was the highest total… Continue reading January Vehicle Auction Sales Highest for the Month Since 2020
Author: Auto Rental International Online News
Federal Highway Administration Halts EV Charger Funding, Delaying National Expansion Plans
The Federal Highway Administration (FHWA) aims to have an updated draft of NEVI Formula Guidance published for public comment in the spring. Photo: Gerd Altmann via Pixabay The Federal Highway Administration (FHWA) recently halted funding for state programs to install tens of thousands of new vehicle chargers along highways and at rest stops across the United… Continue reading Federal Highway Administration Halts EV Charger Funding, Delaying National Expansion Plans
NextCar and Priceless Car Rental Expand to Morocco’s Major Airports
CEO Nabil Benaich at the Marrakesh Menara Airport location for Nextcar and Priceless Car Rental as they expand and serve travelers in Morocco. Photo: Nextcar / Priceless NextCar and Priceless Car Rental recently opened three new locations in Morocco recently at Casablanca Mohammed V International Airport, Marrakesh Menara Airport, and Rabat-Sale Airport. These rental car… Continue reading NextCar and Priceless Car Rental Expand to Morocco’s Major Airports
Leading Car Rental Group Names New Executive Director
Lefeve brings extensive experience in association leadership, government relations, and corporate affairs. Photo: ACRA / Graphic: BBM The American Car Rental Association (ACRA) has appointed Don Lefeve as its new executive director, underscoring the business group’s efforts to expand its influence in Washington, D.C. Lefeve will advocate for policies that benefit car rental companies and… Continue reading Leading Car Rental Group Names New Executive Director
Tariffs Will Upend North American Auto Industry
The North American vehicle market is built on free trade, and new tariffs would undoubtedly throw a wrench into the works. Photo: Pexels / Pixabay As the tariff story evolves, the chapter written earlier this week was good news for the auto industry. Massive 25% tariffs were not implemented against goods from Canada and Mexico,… Continue reading Tariffs Will Upend North American Auto Industry
Fleet Sales Start 2025 with Mixed Results
Commercial and government fleets sales start the year with losses while rental fleet purchases show a healthy rise. Graphic: Bobit Business Media Fleet sales for January 2025 hovered just about 1% below last January’s levels, with rental fleets showing the strongest sales compared to commercial and government fleet vehicles. Among the three major fleet sectors,… Continue reading Fleet Sales Start 2025 with Mixed Results
Cargini Adds New Franchise Locations in Bosnia, Jordan, and Kosovo
2024 marked a period of expansion for Cargini, with the company growing by 67% compared to the previous year. Photo: Cargini Cargini Innovative Car Rental, one of the fastest-growing car rental brands, recently opened new franchises in Bosnia, Jordan, and Kosovo. Vladimir Banovic, CEO of F.T. International, said in a Jan. 17 news release, “The… Continue reading Cargini Adds New Franchise Locations in Bosnia, Jordan, and Kosovo
Fleet Perfection Introduces Analytics Dashboard to Enhance Fleet Insights
The tool allows rental car operators, fleet managers, and auto dealers to understand fleet performance across multiple dimensions better, improving decision-making around fleet mix, asset usage, and resale timing. Photo: Fleet Perfection Fleet Perfection, a cloud-based fleet management solution, has released of its new analytics dashboard, designed to give users deeper insights into their fleet… Continue reading Fleet Perfection Introduces Analytics Dashboard to Enhance Fleet Insights
Operator Outlook: Challenges Ahead for Rental Car Industry
Rental car operators gathered at a networking event in Washington, D.C., on Sept. 17, 2024, as part of the American Car Rental Association’s annual conference, where they discussed industry issues and challenges. Photo: Martin Romjue / Bobit Business Media If you run a car rental operation in 2025, you will need a big head —… Continue reading Operator Outlook: Challenges Ahead for Rental Car Industry
New Job Website Connects Rental Car Employers and Professionals
Users of the ICRA Career Center can access it through any device: Smartphone, tablet, or desktop. Photo: ICRA The Independent Car Rental Association (ICRA) has opened the ICRA Career Center to connect employers with car rental industry workers seeking jobs. The online Career Center, with its modern design and intuitive interface, is designed to provide… Continue reading New Job Website Connects Rental Car Employers and Professionals