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Suppliers are absorbing most of the costs for now. But that may not last.
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The well-established dealer group brand is offering service in one of Europe's most active auto rental markets.
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The new, COVID-impacted environment has prompted changes in how auto transporters meet the changing needs of fleets.
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Eco-powered cars are entering the rent-a-car (RAC)/Short Term Rental (STR) market at a faster pace, while the overall market is strengthening post-pandemic in Spain, Italy and Germany, according new report by Dataforce, a Germany-based provider of fleet market data and automotive intelligence solutions in Europe.
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Topics mentioned in today's video includes assembly plant production ramping up; resale market improvements; the state of the car rental industry; and how Hertz filing for Chapter 11 industry could affect the industry.
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Commercial fleet sales from nine manufacturers totaled 56,441 in January 2020, which represented a 3.7% year-over-year increase.
Read More →Commercial fleet sales were up 13.6%, government fleet sales were down 1.6%, and daily rental sales were up 8.4%.
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Commercial fleet sales were up, government fleet sales were down, and daily rental sales were up.
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The forecast is the most in nearly 20 years, and represents an increase of 3.9% over last year, or 4.3 million more people packing up their sleighs for a holiday getaway.
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The service, available in San Francisco, Oakland, and Los Angeles, was soft launched earlier in the year.
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