Fleet

Less reliance on fleet sales in March

12:01 am U.S. ET | April 14, 2014
Automakers continue to cut their reliance on U.S. fleet sales as car rental companies strategically reduce vehicle purchases.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

ARLENA SAWYERS

Recycling rental cars, before they're retired

4:18 pm U.S. ET | Nov. 1, 2013
Avis Budget Group sure knows how to get the most out of its rental cars. Many of its cars do double- or even triple-duty before being sold online directly to dealers and to consumers.... Read More »

 

LINDSAY CHAPPELL

Nissan's taxi slap could be you next time

3:16 pm U.S. ET | Oct. 29, 2013
Nissan's competitors no doubt find it gleeful that just three weeks before the launch of its New York City yellow taxi, the city welched on the deal. Nissan had envisioned $1 billion in sales from its New York taxi contract. And it might or might not still see that. Nissan dealers have begun selling the taxi there anyway.... Read More »

 

Chevy to keep fleet Impala until '16

12:01 am U.S. ET | Oct. 26, 2013
The Impala Limited won't be so limited after all. General Motors will continue to sell the fleet-only version of the Chevrolet sedan until 2016, about two years longer than the company previously had indicated.... Read More »

 

Ford to sell Transit Connect Taxi in global markets

1:30 am U.S. ET | Oct. 21, 2013
The Ford Transit Connect Taxi is going global as the automaker announced that it would begin selling the vehicles in Hong Kong in early 2014.... Read More »

 

Electric car rentals hampered by range anxiety

12:01 am U.S. ET | Oct. 15, 2013
Rental car drivers just aren't plugging into electric vehicles, largely because of fears the batteries will die. In fact, people who drive off in electric vehicles from Enterprise Holdings, the biggest auto renter in the United States, often bring them back to trade for a car that runs on gasoline.... Read More »

 

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How a Texas Toyota store solved used-car-supply challenge

How a Texas Toyota store solved used-car-supply challenge

Mike Shaw Toyota in Corpus Christi, Texas, needed more used cars. But driving 150 miles to the nearest auction was time-consuming and costly. Mon., April 14
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