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REPORT: Dollar Thrifty to cut percentage of Chrysler products from as much as 76% to 30%
Dollar Thrifty Automotive Group, known in the retail world as Dollar Rent A Car and Thrifty Car Rental, will be buying about 40,000 fewer Chryslers than it did last year. Previously, the company was contractually bound to ensure that 75% of its fleet was composed of Chrysler vehicles. After the bankruptcy kerfuffle, the contract has been revised to compel Dollar Thrifty to purchase a new minimum number of vehicles, and the company is using the freedom to increase its model mix. Instead of being so Pentastar-heavy, from now on, Reuters says ... Read more →
Hyundai and Kia seen using fleets to boost sales numbers Michael Harley
While most automakers are reporting double-digit drops in sales each month, Hyundai and Kia continue to swim against the current and maintain (or even increase) units sold. According to Automotive ...
Rental fleet sales down last year, 2009 will be worse Jonathon Ramsey
Last summer, it was the Detroit Three that were restraining themselves from dumping cars into the gaping maw of fleet sales just to boost the bottom line. Turns out they had some help with that ...
Detroit 3 show restraint in tough times, continue to limit fleet sales Michael Harley
Showing great discipline amid declining sales, the Detroit 3 have held back on the temptation to dump vehicles on fleet customers in order to boost numbers. As we reported last month, selling ...
GM to continue weaning itself off fleet sales Michael Harley
Even after posting a $3.25 billion loss, General Motors won't resort to fleet sales to ease their pain. In the automotive industry, fleet sales typically represent the lightly equipped, and heavily ...
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Ohio switching fleet to Ford Focus, gov't workers not amused 1 year ago on Autoblog
click above for more pics of the 2008 Ford Focus SES Coupe Fuel economy and CO2 emissions are on a lot of our minds right now, and many of us are re-examining our vehicle needs in an effort to save coin at the pump. The push to downsize has influenced the entire state of Ohio, which plans to switch ...
Chrysler to make cuts in fleet sales in '08 1 year ago on Autoblog
Chrysler has looked deep into it soul and decided to join the General and FoMoCo in an attempt to reduce its reliance on fleet sales. Chrysler's Vice Chairman, Jim Press (that still doesn't sound right), alluded to the reduction during a conference call regarding December sales figures and said, ...
Imports taking up the slack in fleet sales 2 years ago on Autoblog
OK, this seems like a no-brainer. As GM and Ford have gradually pulled back from the low-margin fleet sales market, import fleet sales have surged. After all, somebody has to keep the rental car lots filled. It's mostly been the mainline Asian automakers that have stepped in to fill the void. ...
What actually sells: Fleet sales for first half of 2007 2 years ago on Autoblog
Automakers often report their sales figures in whatever way makes them look most positive, and for a long time including fleet sales has been an effective way to make a slow selling vehicle look more popular with consumers on paper. Automakers don't distinguish between fleet and retail when ...
Chrysler, Ford topping the list of fleet sales 2 years ago on Autoblog
For the domestic automakers, 2007 was supposed to be the year that they weaned themselves off the fleet sales teat. For GM, they've been doing pretty well, limiting their offloads of 10 or more vehicles to one company to around 24-percent of total sales. Chrysler and Ford, on the other hand, are ...
Fleet sales also an issue abroad 2 years ago on Autoblog
Now here's a story that won't take many Europeans by surprise. Just as GM, Chrysler and Ford get knocked for selling tons of vehicles to rental fleets in the States, BMW and Audi do basically the same thing in Europe. In fact, those two German firms lead the list of automakers who rely the most on ...
Fleets inflating domestic minivan sales numbers 2 years ago on Autoblog
In recent years, we know very few people with kids who have opted to buy domestic minivans as the primary family hauler. More often than not, we hear the Odyssey and Sienna names put forth, followed by an assortment of SUVs, domestic and otherwise. Some people have undoubtedly abandoned a domestic ...
Foreign manufacturers eclipse domestics in consumer sales 3 years ago on Autoblog
Historically, U.S. automakers have held both the majority of fleet and consumer sales stateside. According to new research provided by R.L. Polk and Co. the "Big Two and a Half" only holds one of those distinctions for the first time in U.S. history. Foreign car manufacturers now account for 53% of ...
Hyundai and Kia to increase fleet sales 3 years ago on Autoblog
It’s no secret that the Korean automakers Hyundai and Kia Motors are on an aggressive schedule to be one of the top five automakers worldwide in the next few years. As one strategy to achieve that goal, they are increasing their fleet sales in Europe. According to Gerry Dorizas, vice ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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