The Manheim Used Vehicle Value Index (MUVVI) rose to 212.3, reflecting a 4% increase for wholesale used-vehicle prices ...
Rental fleets slowed their momentum in February after driving most fleet sales in 2024 and 2025, according to monthly fleet sales figures released by Bobit Business Media on March 3.
The EV frenzy of the last few years has disillusioned the motoring public about going all-electric. Now it’s time to meet the market where it’s at.
Auto logistics transporters and car rental companies may serve different types of fleet customers but have at least one ordeal in common. If the returned or delivered vehicle has undocumented damages, ...
In this episode of Industry Newsmakers, former American Car Rental Association executive director Sharon Faulkner marks 50 years in the car rental industry and discusses how she balanced running a ...
As electric vehicles face more driver and consumer resistance, Hertz plans to shed 20,000 EVs from its U.S. fleet and reinvest the sales proceeds back into internal combustion engine (ICE) vehicles, ...
Users of Automotive Fleet and its spinoff website, Vehicle Remarketing, in 2025 gravitated toward information on tariffs, stories about digital commerce ventures, and fleet sales and pricing, ...
Hertz appointed two new board directors Aug. 27 with leadership experience at major corporations. The additions increase the size of the board from nine to 11 members: Francis “Frank” Blake is the ...
This year’s annual American Car Rental Association legislative conference will be one for the historical memory books. As industry leaders and executives convened for sessions in the U.S Capitol ...
Fleet sales of cars, trucks and SUVs turned down noticeably in February year over year but were up by sizable margins compared to January. Among the three major fleet sectors, February 2025 sales ...
When COVID lockdowns struck in March 2020, fleet operations couldn’t unload or shelve their vehicles fast enough as business and leisure travel tanked. Many fleet-driven businesses slowed down to ...
Problem-solving is a common theme and motive emerging from the many tools, gadgets, and systems connected to car rental businesses. This decade has brought a cascade of new tech that can lead to safer ...