Bike MS: An Epic Ride for Multiple Sclerosis

Breakaway to Key Largo Ride Bike MS is one of the premier fundraising cycling series in the nation, which raises awareness in conjunction with the National Multiple Sclerosis Society to help those living with MS move their lives forward. Bike MS  has around […]

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Bulk Used Cars for Sale

A quick tutorial on how rental fleets buy/sell cars: You might already know this, but right after Labor Day, particularly in the midwest, the car rental business really slows down. So, car rental companies need to defleet units to match […]

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Finding blocks of used cars

A good used car manager knows what’s going on in their market generally within 100-150 miles. But, if you are a used car manager or dealership owner that needs vehicles for stock, but your area is just screaming hot with […]

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Buying Used Rental Cars

Just today there’s another article about Manheim scaling back their bricks and mortar footprint: Manheim Merges Some Auctions Together as It Repositions Business to Current Market Needs …although Manheim is a fine company and provides a great service for many […]

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Rental car industry starts to emerge from the ‘perfect storm’

USA Today – April 10, 2010 Frequent traveler Gary Bellaire says he received two rental cars from Hertz last year that each had about 50,000 miles on the odometer. “This would have been unheard of just a few years ago,” […]

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Travel Weekly

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Advantage Rent A Car seeks bankruptcy protection

Express News December 2008 Advantage Rent A Car has filed for bankruptcy protection and has laid off about half of the staff at its San Antonio headquarters as part of a larger downsizing brought on by the nation’s ongoing economic […]

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Hertz could target Dollar Thrifty after dust from auto restructuring settles

Merger Market December 2008 As the hurricane gripping US auto manufacturers threatens to flatten weaker car rental agencies, New Jersey-based Hertz Global Holdings (NYSE:HTZ) could emerge an acquirer, according to two industry lawyers, an industry banker and an industry analyst. […]

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Rental-Car Biz Hit Hard by Credit Crunch

Advertising Age – November 17, 2008 DETROIT (AdAge.com) — The eight major car-rental brands have been hit by a perfect storm of lower demand, less airport travel, tight credit and a shift by automakers from their traditional stance of buying […]

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US car-hire stuck in the slow lane

Financial Times : August 12, 2008 North America’s car-rental operators are being squeezed from all sides, and the pain is apparent in their financial performance, share prices and credit ratings. Downturns in the airline, hotel, financial services and vehicle manufacturing […]

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