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Wholesale Market Drives Q3, But Will Record Rental Revenues Last?

The three public car rental companies posted healthy third quarter results last week. While the quarter was characterized by price competition, healthy volumes and fleet rightsizing, the key driver was the used-car market. But what does the future look like?

The three public car rental companies posted healthy third quarter results last week. While the quarter was characterized by price competition, healthy volumes and fleet rightsizing, the key driver was the used-car market. But what does the future look like?

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Bob Graham joined ARI – Automotive Resources International in 1973. He began in the new-vehicle ordering area, moved to the maintenance management department, then to vehicle remarketing where he became manager, director, and then vice president in 2010.

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Author Bio

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Chris Brown

Executive Editor

Chris is the executive editor of Business Fleet Magazine and Auto Rental News. He covers all aspects of the fleet world.

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