Acquisitions continue to ricochet through the car rental business. Avis just bought Payless Car Rental to give it a competitive edge in discount car rentals. Avis is also competing for market share, and witnessed Hertz achieve regulatory approval recently for its $2.3 billion purchase of Dollar Thrifty Automotive Group. The Payless purchase price was only 10% what was paid for Zipcar Inc., the largest car sharing company, earlier this year. Car and ride sharing is now highly competitive with car rental giants as Avis, Hertz, and Enterprise take big strides forward in this niche……
NAFA just released an innovative value-added benefit for members – Replacement Spotlight. Produced by Utilimarc®, it offers tools for fleet staff focused on remarketing duties. It features a case study with data from two clients operating light-duty pickups. While both companies run comparable vehicles, their replacement schedules are very different. It has much to do with how each fleet utilized its vehicles, and labor rates play a key role in how replacements are scheduled and are unique to each company.....
Check out GPS Insight’s infographic that shows much a fleet of 50 vehicles could save by improving fleet safety. • 38% – GPS tracking can reduce accidents by up to this much. • $16,500 – how much the average crash costs an employer just in vehicle repair. • Plus four other figures covering cost savings […]
Recently named president of NAFA, Claude gives us some insight into his vision of one of the most valuable roles NAFA can play for its members. He says, "One of the reasons I feel people belong to NAFA is because they look to us to deal with the speed of change that our industry travels. I want NAFA to be recognized as an industry leader for the right sources of information."
A Focus on Complex Fleets ARI President, Carl Ortell explains to International Fleet World publisher Ross Durkin why the US-headquartered organization’s recent acquisition of UK-based FSG (formerly Fleet Support Group) provides growth opportunities in both new markets and new product areas. Learn more BVRLA: Growing Support for Safety Recall System ReCare, the free-to-use online vehicle […]