Fleet

GM prepares dealers for onslaught of recall work

3:24 pm U.S. ET | March 21, 2014
General Motors is lining dealer inventories with rental cars as customers begin turning in Chevrolet Cobalts, Saturn Ions and other recalled models with faulty ignition switches for repair. GM has altered its rental car policy and has agreed to work with Enterprise, Hertz and Avis to ensure rentals are available to customers if demand exhausts dealer courtesy cars. GM also is offering customers towing service and a $500 discount on new cars in addition to the free fix....
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Hertz right-sizes fleet, expects more used-car sales to consumers

6:12 pm U.S. ET | March 18, 2014
Hertz Global Holdings has trimmed its rental fleet and expects to sell more of those vehicles, when they're retired from service, directly to consumers at company-owned dealerships, its CEO said Tuesday....
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Fleet strategies differ for Nissan and Hyundai

12:01 am U.S. ET | March 17, 2014
Two of the top seven automakers boosted fleet deliveries in February and the first two months; but while one is also increasing retail sales, the other is using the higher fleet volume to offset a retail sales decline....
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Fleet-only Chevy crossover finds takers on used lots

12:01 am U.S. ET | March 3, 2014
The Captiva Sport, Chevrolet's no-frills crossover for fleet customers, has a budding retail fan base, too....
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Honda's Accord beat Camry as top U.S. car in individual sales

7:28 am U.S. ET | Feb. 21, 2014
Honda said its Accord was the best-selling car to individual customers in the United States during 2013, surpassing Toyota's Camry, the leader in total volume to retail and fleet buyers for a 12th consecutive year....
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Fleet sales hit the skids, haul down Jan. volume

12:01 am U.S. ET | Feb. 17, 2014
Blame fleet flop, not snow slop, for January's disappointing auto sales. After U.S. light-vehicle sales fell 3 percent in January, most automakers blamed lousy weather that kept shoppers from showrooms....
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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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Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

Canadian dealer buries a Jeep, hires an ambassador and puts on the Ritz

At Bay King Chrysler, Dodge, Jeep, Ram in Hamilton, Ontario, 5th-generation dealer Jamie Richter, acting on his dad's advice, has taken luxury-hotel touches and applied them to his newly built showroom. Mon., December 15
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