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
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
The decrease in U.S. auto sales is due to historically low new-vehicle inventory levels, which are over 50% lower than they were a year ago.
August 25, 2021
Stellantis, the merger between Fiat Chrysler Automobiles and Groupe PSA, will “embrace electrification, connectivity, autonomous driving, and shared ownership,” the company said.
January 19, 2021
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
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 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
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
Sales for light- and heavy-commercial vehicles in Argentina were down in June by more than 40% for both segments.
July 16, 2019
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
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
Sales of vehicles to commercial fleets increased 2.1% in May, while sales to government fleets were flat, and sales into daily rental increased 29.8%.
June 4, 2018
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