Rental companies offload high-mileage units amid tight OEM supply
Rental fleet companies are offloading older, higher-mileage vehicles as they work to meet demand and as manufacturers’ sales of new ...
Tag: Avis Budget Group
AmeriDrive begins purchasing vehicles for HyreCar platform
Mobility-as-a-service company AmeriDrive Holdings has begun purchasing vehicles to list on the HyreCar platform following the September closing of a ...
Rental car companies continue used-market shakeup in Q1
Rental car companies are still contributing to used-vehicle value fluctuation as they turn to the used-car market to stock their ...
Rental car companies shake up used-vehicle market as demand resumes
If you were to rent a car today, your options are more limited and the price you pay more closely ...
Avis grows rental fleet 40% YoY in Q4 by leveraging OEM relationships
Avis Budget Group increased its fleet size in the fourth quarter of 2021 by purchasing new vehicles from OEMs as ...
Inventory woes ease as supply builds
New- and used-vehicle inventory is on pace to normalize after months of constricted volume as a result of coronavirus-spurred halts ...
Hertz and Avis cancel orders in setback for ailing carmakers
Rental-car companies struggling to survive the coronavirus pandemic’s catastrophic blow to their business have been working with automakers to call ...
US auto sales poised for crash after slowest pace in a decade
Carmakers gave an early glimpse of the damage a global pandemic is doing to the U.S. auto market, with General ...
