Enterprise’s ROAD Forward Initiative Donates Over $7M to Non-Profits

Enterprise Holdings’ ROAD Forward was launched in 2020 and focuses on Respect, Opportunity, Achievement, and Diversity (ROAD) for youth and families.  Source: Enterprise Holdings Enterprise Holdings, through the Enterprise Holdings Foundation, is awarding its ROAD Forward grants for the second year to nearly 700 local non-profit organizations. Totaling more than $7 million in 2022, the grants will be distributed across… Continue reading Enterprise’s ROAD Forward Initiative Donates Over $7M to Non-Profits

Green Motion Continues U.S. Expansion in California

Pictured: The Green Motion Arcadia team: Alvin Chou, Tiger Tang, and Kenny Chen. Photo: Green Motion Car rental brand Green Motion announced in a statement the expansion of its affiliate operations in the U.S. with the opening of its latest location in Arcadia, California.  Acquired by car rental professional and local entrepreneur Kenny Chen, Green Motion… Continue reading Green Motion Continues U.S. Expansion in California

VW Unveils All-Electric Luxury Sedan for Global Market

The ID. AERO transfers the design language of Volkswagen’s electric vehicles to a premium mid-size sedan for the first time. The aerodynamically designed front end and roof ensure that air flows optimally over the vehicle. Photo: VW With the world premiere June 27 of the ID. AERO concept car in China, Volkswagen gave some hints… Continue reading VW Unveils All-Electric Luxury Sedan for Global Market

GO Rentals Opens on Waiheke Island

On an island that relies heavily on tourism, the new location will feature cars such as SUVs, vans, and 4-wheel drives, plus mountain bikes and e-bikes. Photo: GO Rentals Kiwi owned and operated car rental company GO Rentals announced in a statement it has opened on Waiheke Island, marking their eighth location in New Zealand. GO Rentals Waiheke fleet will consist… Continue reading GO Rentals Opens on Waiheke Island

New-Vehicle Affordability Declines Again in May

New-vehicle affordability in May was much worse than a year ago when prices were lower and incentives were higher. Source: Cox Automotive / Moody’s Analytics New-vehicle affordability worsened again in May, with increases in interest rates and vehicle prices outpacing income growth, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. The number of median… Continue reading New-Vehicle Affordability Declines Again in May

Gas Prices Influence Still-Low New-Vehicle Inventory in May

Among vehicle segments, compact cars had the lowest inventory after small volume high-performance cars. Also at the low end were hybrids, midsize cars, minivans and compact SUVs. Source: Cox Automotive New-vehicle inventory remained at the same level it has been for months, according to Cox Automotive’s analysis of vAuto Available Inventory data, despite comments from… Continue reading Gas Prices Influence Still-Low New-Vehicle Inventory in May

Prices Inch Down as Used-Vehicle Supply Holds Steady

The average listing prices have been edging down since May 9. Further declines should continue over the summer. Source: Cox Automotive In contrast to new vehicles that are seeing rising prices, the average listing price of used vehicles has begun to inch down ever so slightly as supply holds relatively steady, according to the Cox… Continue reading Prices Inch Down as Used-Vehicle Supply Holds Steady

EV Reservation Data Reveals Frantic Demand from Truck Buyers

There’s a trend of over-ordering happening for electric trucks, as no one is sure which manufacturer will deliver these new trucks. About 89% of Tesla Cybertruck reservations overlap with another truck pre-order, and 100% of F-150 and Silverado reservation holders also pre-ordered another vehicle on this list. Source: Recurrent Recurrent, a firm that analyzes electric… Continue reading EV Reservation Data Reveals Frantic Demand from Truck Buyers

VW Offers Glimpse of First All-Electric Sedan

Design sketches of the the VW ID. AERO all-electric concept luxury sedan debut on June 27. The vehicle will first roll out next year to the Chinese market. Photo: VW The Volkswagen brand is releasing exclusive design sketches of the ID. AERO concept vehicle, the first fully-electric luxury limousine-style sedan for the Chinese automobile market,… Continue reading VW Offers Glimpse of First All-Electric Sedan