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Mergers

Fleet fixed and operating costs are increasing across the board, in particular fuel prices, higher acquisition costs, lower incentives, and unscheduled maintenance expenses. The forecast is for fleet expenses to increase for the next three years.

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Wheels/Donlen Announces Senior Leadership Structure

The new combined Executive Leadership Team (ELT) consists of equal representation from each company and strives to set, meet, and exceed high internal expectations despite functioning as two companies as they work through a seamless and strategic corporate structure and transition plan.

KAR, CARWAVE Deal to Grow Online Marketplace

KAR expects to be immediately profitable across its North American dealer-to-dealer platforms while enhancing its position in the highly fragmented wholesale used vehicle market.

5 Key Takeaways from the Car Rental Quarterly Reports

Based on the second quarter reports and conference calls from the three public car rental companies, here are some thoughts on rates, Europe, the local market, new remarketing channels and the merger – or lack thereof.

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