Analysis: Slowing EV adoption, an expensive UAW labor contract, and higher consumer interest rates will diminish the profits and gains of recent years. Source: autorentalnews.com … [Read more...]

The latest numbers add up to a gutpunch for the resale values of used electric vehicles as the early adopter market for EVs taps out and mainstream vehicle buyers remain cautious. Source: autorentalnews.com … [Read more...]

The technology can enable rental fleet, mobility, and infrastructure operators to react instantly to market conditions and scale up their revenue. Source: autorentalnews.com … [Read more...]

Culminating in over 45 days on the picket line, members at each of the Detroit Three have approved new contracts in favor of the UAW. Source: autorentalnews.com … [Read more...]

The consolidated digital platform will simplify buying and selling while expanding reach and access for customers. Source: autorentalnews.com … [Read more...]

The global car rental giant has stuck with its entrepreneurial business model since 2007. Source: autorentalnews.com … [Read more...]

Over the last two weeks, Manheim Market Report (MMR) prices declined an aggregate of 1.9%, which was more than the normal decline of 1% for the time of year. Source: autorentalnews.com … [Read more...]

A recent independent evaluation of fast-charging speeds by Edmunds counters different automakers' charging speed data. See what EV models offer the best charging value. Source: autorentalnews.com … [Read more...]

Three company leaders take on new roles and titles starting Jan. 1, 2024 as the rental car giant looks toward enhancing its operations. Source: autorentalnews.com … [Read more...]

The international auto rental company will open its first facility in the country before the end of the year and then expand to six more locations in 2024. Source: autorentalnews.com … [Read more...]

Wholesale used-vehicle prices decreased 2.3% in October from September and were down 4% from a year ago. Source: autorentalnews.com … [Read more...]

The truck rental providers are joining Flexter.com’s booking platform to expand available vehicles, locations, and options. Source: autorentalnews.com … [Read more...]

Supply chains have stabilized while market headwinds from high interest rates and high prices are muting sales. Source: autorentalnews.com … [Read more...]

Electric vehicles can burn at twice as hot as magma, but advances in battery technology and operational practices will further reduce the chances of a catastrophic fire. Source: autorentalnews.com … [Read more...]

The latest round of vehicle deliveries marks the 11th year of Progressive’s annual Keys to Progress vehicle giveaway program. Source: autorentalnews.com … [Read more...]

October’s price decline is eerily similar to last October’s 2.2% drop, and this was not unexpected as the market remains balanced. Source: autorentalnews.com … [Read more...]

The new franchise operations mark another milestone for a company now renting out vehicles in 15 nations. Source: autorentalnews.com … [Read more...]

Applying deep data science to vehicle inventory management can spur more accurate pricing models in real-time. Source: autorentalnews.com … [Read more...]

The car rental giant is running into some realities about its electric vehicles prompting a "not so fast" approach to fleet electrification. Source: autorentalnews.com … [Read more...]

The company had record volume in the Americas with anticipated seasonal price improvements. Source: autorentalnews.com … [Read more...]