NY court bedevils Nissan's taxi deal 2:17 pm U.S. ET | May 23, 2013  Five months before Nissan is to begin rolling its yellow taxis onto the streets of New York City, the state's supreme court has ruled one element of the deal "null, void and unenforceable."... Read More »
Hyundai-Kia boosts fleet sales, stops 2-month skid 12:01 am U.S. ET | May 13, 2013 A 67 percent increase in fleet sales helped Hyundai-Kia Automotive end a two-month streak of declining U.S. sales in April, making up for a 6 percent decline in retail volume. In contrast, overall fleet sales for the seven largest automakers rose just 3 percent.... Read More »
Hyundai-Kia raises fleet sales as retail sales slide 12:01 am U.S. ET | April 15, 2013 To counteract slumping U.S. retail sales, Hyundai-Kia Automotive ratcheted up deliveries of vehicles to fleet buyers in March.... Read More »
Outgoing Chevy Impala lives another year, as fleet-only model 10:10 pm U.S. ET | March 12, 2013  GM will sell the current Chevrolet Impala for another year to fleet customers only, while the soon-to-be launched replacement will be geared for sale mainly to retail buyers.... Read More »
Rivals Nissan, Hyundai shift their fleet strategies 12:01 am U.S. ET | March 11, 2013 On the strength of fleet volume, Nissan North America has moved past Hyundai-Kia America into sixth place in U.S. sales rankings so far in 2013. But overall, the Nissan group has backed off on fleet sales this year, while its Korean rival has gone in the opposite direction.... Read More »
Zipcar taps ad agency Campbell Ewald, hires new CMO 2:01 pm U.S. ET | Feb. 22, 2013  Hourly car rental firm Zipcar, in the process of getting a new parent company, has selected Interpublic Group's Campbell Ewald, the former longtime Chevy ad agency, as its new global creative and brand strategy agency, the company said in a statement.... Read More »
Toyota, Hyundai drive muted fleet sales in Jan. 12:01 am U.S. ET | Feb. 11, 2013 The industry usually sees a surge of fleet sales in the first quarter, but so far this year it is a different story. Fleet efforts by the Detroit 3 and Nissan were subdued in January, while Toyota and Hyundai-Kia made the only aggressive moves.... Read More »
GM offers maintenance plan to fleet buyers 3:40 pm U.S. ET | Jan. 21, 2013  GM is offering a two-year, 30,000-mile maintenance plan through its Business Choice program for business fleet buyers.... Read More »
2012 retail sales outpace fleet 12:01 am U.S. ET | Jan. 14, 2013 Big automakers increased retail sales more than fleet volume in 2012, but it was still a good year for selling vehicles to corporate, government and daily rental company buyers.... Read More »
Germans get boost at home from strong fleet demandJan. 5, 2013 06:01 CET  Mercedes posted record sales in 2012 while BMW and VW Group are likely to do the same even as demand for cars in Europe has tumbled. Deutsche Telekom is partly to thank for that.... Read More »
BMW, VW, Mercedes get boost at home from strong company-car market 12:01 am U.S. ET | Jan. 5, 2013  BMW, VW and Mercedes are all likely to post record sales for 2012 even as demand for cars in Europe has tumbled. Deutsche Telekom is partly to thank for that.... Read More »
Retail sales outpace fleet in November 12:01 am U.S. ET | Dec. 10, 2012 The 15 percent jump in U.S. light-vehicle sales in November was almost entirely on the retail side, with fleet volume growing only 1 percent among major players.... Read More »
Hertz' $2.6 billion purchase of Dollar Thrifty cleared by FTC 7:34 am U.S. ET | Nov. 15, 2012 Hertz’ $2.6 billion purchase of Dollar Thrifty Automotive Group was cleared by U.S. antitrust regulators after the company agreed to divestitures ensuring the deal doesn’t harm consumers.... Read More »
Hertz to divest more outlets to win approval of Dollar Thrifty deal, report says 1:50 pm U.S. ET | Nov. 12, 2012 Hertz has agreed to shed more airport locations than previously offered, which may lead the Federal Trade Commission to allow the $2.6 billion acquisition of Dollar Thrifty Automotive Group Inc. to go forward, two people familiar with the negotiations told Bloomberg.... Read More »
Toyota, Hyundai-Kia fleet sales jump in Oct. 12:01 am U.S. ET | Nov. 12, 2012 Toyota and Hyundai-Kia increased fleet sales sharply in October while Ford, General Motors and Nissan decreased theirs slightly.... Read More »
Hertz bid to buy Dollar Thrifty said to raise U.S. antitrust concerns 12:11 pm U.S. ET | Oct. 26, 2012  Hertz Global Holdings’ bid for antitrust clearance to buy Dollar Thrifty Automotive Group has met resistance at the Federal Trade Commission, according to people familiar with the situation.... Read More »
LETTERS TO THE EDITOR GM's fleet push will make things worse 12:01 am U.S. ET | Oct. 15, 2012 Regarding "GM woos dealers for fleet-sales push" (Oct. 8): I wonder sometimes if General Motors and our dealer council member know what it's like to be on the front lines.... Read More »
Fleet cutbacks crimp 4 companies' Sept. sales 12:01 am U.S. ET | Oct. 15, 2012 Fleet volume that was flat or lower than year-ago levels cut into the sales results for four major automakers in September. Two companies reported overall declines for the month despite increasing sales to retail customers.... Read More »
GM woos dealers for fleet-sales push 12:01 am U.S. ET | Oct. 8, 2012  General Motors is overhauling its commercial dealer network in a bid to boost sales to business customers. GM wants dealerships that sell to small- and mid-sized businesses -- customers who buy one to 100 vehicles a year -- to offer perks such as extended service hours and better availability of loaners.... Read More »
Fleet buyers like long-term economics of EVs 12:01 am U.S. ET | Oct. 8, 2012 If U.S. consumers are reluctant to buy electric vehicles because of high sticker prices and limited battery range, wouldn't commercial vehicle fleet owners and operators be even less likely to buy EVs? Nope, they are more likely to buy, according to several players in the fleet world.... Read More »
Rental car companies agree not to rent recalled cars 9:10 am U.S. ET | Sept. 28, 2012  Leading car rental companies have agreed to back Senate legislation to pull vehicles from the road when recalled for safety defects, lawmakers and the firms said on Thursday.... Read More »
August sales increase was built on retail 12:01 am U.S. ET | Sept. 17, 2012 The 20 percent surge in light-vehicle sales in August was virtually all retail; most major players in the fleet sector were below year-earlier levels. The seven largest automakers sold just 1 percent more fleet vehicles in August than they did the year before, but combined retail volume jumped 25 percent.... Read More »
Ford wants C-Max to grab fleet sales from Prius 12:01 am U.S. ET | Aug. 27, 2012 With its new C-Max Hybrid, the Ford brand hopes to take a bite out of the Toyota Prius' dominance of the hybrid vehicle market, not just retail sales but also sales to fleets. Ford's marketing strategy includes attractive pricing and performance.... Read More »
Fleet declines cause GM, Ford July sales dips 12:01 am U.S. ET | Aug. 13, 2012 Much lower fleet volume led to overall U.S. sales declines at General Motors and Ford Motor Co. in July. But most major competitors sold substantially more light vehicles to fleet operators last month than in July 2011. Chrysler Group, Nissan North America and Hyundai-Kia had double-digit increases.... Read More »
Dollar Thrifty calls for end to takeover saga 1:35 pm U.S. ET | Aug. 1, 2012  Dollar Thrifty Automotive Group, considered the last big prize in the domestic car rental industry, urged Hertz Global Holdings to put an end to two years of fruitless takeover offers by making a compelling bid to settle the matter once and for all.... Read More »
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