Airports are getting busier these days as more Americans take to the sky, despite another surge of COVID-19. But travelers who don’t carefully prepare before heading out could be in for a shock, especially if they try to book a last-minute car rental.
According to some reports, renters are finding rates running as high as $500, even $700, a day in some popular vacation resorts. The situation isn’t likely to ease up anytime soon.
Even before the latest crisis, many auto manufacturers were looking to cut back on rental sales. They’re simply not very profitable. So, that sets things up for a crisis in 2021 — and it’s all the worse because carmakers are themselves facing shortages of critical components and raw materials, including not only computer chips but things like seating foam.
Read the article at The Detroit Bureau.
