The vehicles in a rental car company’s lineup might have a few more miles on them nowadays. And there are likely fewer cars, pickups, sport utility vehicles and minivans on rental lots than just a few years ago.
Automakers say they are selling fewer vehicles to rental companies and fleet buyers, like corporations and governments. Car [...]
Posts Tagged ‘fleet’
Balancing fleet size results in sales drop
Posted in car hire, tagged auto industry, automakers, car hire, car hire companies, cars, fleet, fleet buyers, fleet sales, rent a car, rental, rental car, rental car company, rental companies, used vehicle, vehicle sales, vehicles on January 27, 2009 | Comments Off
Car Manufacturers face problems unloading their excess vehicles
Posted in car rental, tagged airports, Alamo, automakers, business, car, car hire, car loans, car manufacturers, car rental, car rental agencies, consumers, credit crunch, Detroit, economy, Enterprise, excess vehicles, fleet, Guardian, inventory, National, profitability, rent a car, rental, rental agencies, rentals, resale value, used cars, used vehicles, vehicle, vehicles on November 7, 2008 | Leave a Comment »
U.S. automakers have long relied on sales to car rental agencies to boost sales and raise cash, but as rentals have slowed with the weakened economy, it will be harder for the Big Three to unload their excess vehicles.
“For a long time fleet sales have served as a pressure valve for U.S. automakers,” said Michael [...]
‘Diabolical year’ in car rental as dollar and tourism fall
Posted in car rental, tagged car, car hire, car hire companies, car rental, dollar, Dublin, Europcar, fleet, Ireland, rent a car, tourism on September 26, 2008 | Leave a Comment »
AS US car-hire giants reel from a painful 2008, the operations manager at Dublin based Murray’s Europcar says the market in Ireland has been “diabolical” this year.
“It’s been our worst year since 2001 in both volumes and prices,” Pat Geagan says. “The numbers renting from the US are down 35 to 40pc, numbers from [...]
