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Hertz CEO Paul Stone cited U.S. rental volume improvements since Labor Day and domestic revenue improvements of 14 points from July to September.
Read More →Companies such as Manheim and ADESA have invested time and money to bolster the digital side of their business to meet the demands of this growing field, and so have fleet management companies.
Read More →Vehicle sales in Brazil dropped last year despite hefty government incentives, as a weak economy weighed on consumer confidence.
Read More →Venezuela and Ecuador are heavily dependent on petroleum exports, as is also Colombia, but to a lesser extent. The steep drop in crude oil prices and other commodities is severely impacting these countries.
Read More →Today's video looks at the strong resale values expected for full-size trucks and vans; a continuation of fuel price stability; an increase in transaction prices and unscheduled maintenance expenses; budget constraints on fleet safety programs; and other variables.
Read More →In addition, there has been a 20% decline in fleet sales in neighboring Uruguay. The peso has depreciated and the government has decreased fleet purchases.
Read More →This video covers ways to effectively plan a truck engineering meeting, how to ensure assets continue to meet business needs years into the future, best practices for asset standardization (or simplification), and how to develop fleet metrics that satisfy company-wide goals.
Read More →According to data from Work Truck Solutions, new on-lot commercial vehicle inventory per dealer was up 36% in Q4 compared to Q1 — but that’s still only half of the inventory in Q4 2020.
Read More →Combined sales into large rental, commercial, and government buyers were down 30% year over year in February. Sales into rental were down 52% YOY.
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