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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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Norman Kasschau was the VP/Marketing for ARI, starting in 1958. He originally joined ARI after 12 years of fleet and leasing experience with Ford.

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Author Bio

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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