Uncertainty grips rental-car agenciesJuly 31
The immediate challenge is a declining new-vehicle market. Long term, the companies face disruptions to their business model from sharing services and autonomous technology.
HYUNDAI-KIA: Declines hit most cars, crossoversAug. 1
Hyundai attributed its decline mostly to a drop in fleet sales, which it said amounted to less than 10 percent of its volume for the month. Yet in an era of hot crossover sales, even its Sante Fe sales were down. Hyundai-Kia is still looking for its first monthly sales gain of 2017.
At Enterprise, steering massive fleet is no easy featJuly 31
Automotive News sat down with several top executives at Enterprise Holdings to learn more about what goes into the company's fleet, acquisition and remarketing strategies. Here's a recap.
U.S. upgrades probe into 1.33 million Ford Explorers over exhaust odorsJuly 27
NHTSA is upgrading a probe into 1.33 million Ford Explorer SUVs over reports of exhaust odors in vehicle compartments and exposure to carbon monoxide.
Restated FCA sales: Some big swingsJuly 23
A review of the data points to a company that either didn't accurately know what it was selling month to month or was playing fast and loose with its fleet sales.
June volume dips as Detroit 3 slip, Honda, Toyota, Nissan riseJuly 3
U.S. light-vehicle sales dropped 2.9 percent in June behind another weak month for cars and lower fleet shipments. Toyota, Nissan and Honda chalked up modest gains while the Detroit 3 slipped as the industry posted its sixth straight monthly decline. The SAAR came in at 16.54 million, the lowest sales pace of the year.
Toyota turns to rental lots for lift in slowing marketJuly 6
As automakers struggle to keep selling new cars to American consumers at a record clip, Toyota plans to turn to rental car companies and other fleet operators for a boost in the second half.
NISSAN: Rogue, Titan, Armada lead monthly gainJuly 3
Nissan sold fewer cars and more light trucks in June, while Infiniti sold fewer trucks and more cars.
Hyundai strains to sustain its sales growthJuly 3
Did Hyundai's sales growth for 2016 rely too heavily on fleet sales and service loaners?
Waymo inks deal for Avis to manage self-driving car fleetJune 26
Waymo has reached an agreement for Avis to manage its fleet of autonomous vehicles. It's the first such deal in a field that's still fledgling but exploding with partnerships.
GM rental cuts will continue into 2018June 12
By selling still-fewer vehicles to Enterprise and Hertz, GM hopes to boost residual values and improve the economics of its leasing business.
Sales slip on weak car, fleet demandJune 1
Light-vehicle demand slipped 0.5 percent in May, even with higher discounts and strong truck sales. Lower consumer demand, notably for cars, even amid available financing, low gas prices and healthy job growth signals underlying market weakness.