Fleet

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

What's next for car sharing?

Feb. 7, 2014 06:15 CET
Car sharing in Europe went mainstream in 2013 as consumer awareness snowballed and more global automakers joined the sector....
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Report: Every shared car means 32 lost sales

4:41 pm U.S. ET | Feb. 4, 2014
Each vehicle in the Zipcar or car2go car-sharing fleet means 32 lost vehicle sales, according to a report from consulting firm AlixPartners. The report, based on a survey of 2,000 adult car-sharing customers, also said Americans would have bought 500,000 new or used vehicles since 2006 if not for access to car-sharing services, a total that could grow to 1.2 million by 2020....
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GM sales slide 12% on lower fleet, retail volume

4:02 pm U.S. ET | Feb. 3, 2014
GM posted its largest year-over-year sales decline in 41 months as light-vehicle deliveries fell at least 10 percent for three of its four U.S. brands in January....
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Chevy offers free Impala weekend drives for National renters

12:01 am U.S. ET | Feb. 1, 2014
Chevrolet is offering members of National Car Rental's frequent renters clubs who recently rented 2014 Chevrolet Impalas a weekend of seat time in another Impala for free....
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Hyundai-Kia offsets 2013 retail drop with fleet sales

12:01 am U.S. ET | Jan. 13, 2014
Hyundai-Kia Automotive leaned heavily on fleet sales in 2013 to mitigate falling retail demand....
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GM share slips in '13 as Dec. sales, pickups fall

2:32 pm U.S. ET | Jan. 3, 2014
General Motors' sales slipped 6 percent in December, as all four of its brands posted weaker results while GM lost market share in the key pickup segment....
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Carl Icahn buys up to 40 million shares of Hertz, report says

3:00 pm U.S. ET | Jan. 3, 2014
Longtime Wall Street investor Carl Icahn bought as many as 40 million shares of stock in rental car giant Hertz Global Holdings Inc., CNBC reported today....
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Hertz shares jump after board adopts 'poison pill' stock plan

8:42 am U.S. ET | Jan. 1, 2014
Hertz Global Holdings rose to a record high after the largest publicly traded rental-car company said it adopted a so-called poison pill upon seeing “unusual and substantial activity” in its stock....
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GM, Chrysler sales lifted by strong demand

12:01 am U.S. ET | Dec. 9, 2013
General Motors’ November sales rose 14 percent on strong retail demand across its four brands, while the average price of a GM vehicle rose to a record high of $34,896....
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EDITORIAL

Sinkhole no more: Fleet shapes up

12:01 am U.S. ET | Nov. 18, 2013
The Detroit 3 have in recent years stopped dumping surplus cars into daily rental fleets and repurchasing them at pre-set prices. That has shifted more of the financial risk of resale to fleet operators, which have developed more outlets to resell used vehicles....
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In October, fleet again takes a back seat to retail

12:01 am U.S. ET | Nov. 11, 2013
Robust retail sales again drove U.S. light-vehicle sales in October, and many automakers continued to slow down on fleet volume....
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Hertz expects to double its retail vehicle sales in 2 years

4:11 pm U.S. ET | Nov. 5, 2013
Hertz Global Holdings plans to at least double the number of retired rental vehicles it sells to retail consumers over the next two years, its top executive said today....
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Ford recalls F-series ambulances

3:34 pm U.S. ET | Nov. 4, 2013
Ford is recalling 3,095 F-series ambulances because of a potential defect that might cause the vehicles to stall and not restart for at least an hour....
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Special Report
Racing, tech events draw crowds to Hoffman stores

Racing, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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