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Hertz to Buy 100k Teslas

Hertz to Buy 100k Teslas

In the blink of an eye, car rental is now the largest fleet buyer of electric vehicles. Tesla Model 3 rentals to begin in November.

October 25, 2021

Cox Automotive Update: August Sales Pace Forecast to be Year's Slowest
Stellantis: World’s 4th-Largest Automaker Has Launched
Overall Fleet Sales Continue to Improve in November

Overall Fleet Sales Continue to Improve in November

Commercial fleet sales from nine manufacturers totaled 47,942 in November 2020, representing a 11.8% overall decrease when compared to the same time last year, though this was an improvement over what was reported the previous month in October.

December 2, 2020

Commercial Fleet Sales Fall 16.8% in August

Commercial Fleet Sales Fall 16.8% in August

Total fleet sales for the month — which is comprised of commercial, rental, and government sales — came in at 101,159, which represented a 51% drop from the same time last year.

September 9, 2020

Hertz May sell Donlen to Pay Debt, Bloomberg Reports

Hertz May sell Donlen to Pay Debt, Bloomberg Reports

Hertz Global Holdings has considered selling it’s Donlen leasing business if it can get at least $1 billion and has several buyers interested in the fleet management company, chiefly private equity funds, according to a report from Bloomberg.

September 1, 2020

NADA Predicts 1.2% Decline in 2020 New Car Sales

NADA Predicts 1.2% Decline in 2020 New Car Sales

Analysts found that, as in 2018, consumers continued to abandon car segments in 2019. Light trucks are on track to account for more than 70% of overall new-car sales for 2019, while cars will account for less than 30% of new-car sales.

December 23, 2019

Argentina Commercial Sales Down in June
GM Fleet to Discount 450,000+ Parts

GM Fleet to Discount 450,000+ Parts

GM Fleet will offer commercial, government, and rental fleets substantial discounts on replacement parts under a new program unveiled at NTEA's The Work Truck Show in Indianapolis.

March 6, 2019

Commercial Fleet Sales Jump 22% in August

Commercial Fleet Sales Jump 22% in August

Sales of vehicles to commercial fleets increased 22% in August, while sales into daily rental fell 21.2%. Sales to government agencies increased 18.3%.

September 7, 2018

Commercial Fleet Sales Increase 2.1% in May
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