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Rental fleets' cancellations drag down otherwise promising U.S. vehicle sales

Hertz and Avis last year bought nearly a million cars; that won't happen this year

The collapse of air travel has pushed big car rental companies to cancel orders for new vehicles, punching a hole in sales for nearly a dozen U.S. automakers' including the Big Three in Detroit. Hyundai Motor Co's U.S. sales arm said Tuesday that its sales to fleets, including rental companies, fell by 79% in May, while retail sales grew by 5%. Automakers could lose up to 12% of their annual U.S. vehicle sales in 2020 as car rental companies slammed by the coronavirus pandemic slash fleets and

Car Sharing Has Become Big Business

Could this replace a new car for you?

Car sharing has become big business, and it is getting bigger and more competitive. The purchase by Avis/Budget of Zipcar for a reported $491 million is just the latest big name trying to share a piece of the car sharing pie.

PSA: Top 10 rental car secrets

The folks over at SmartMoney.com have compiled a common-sense list of the "Top 10 Things Your Retntal Company Won't Tell You."  In point of fact, we'd reckon that most of the pointers are forehead-smackingly obvious, but that doesn't mean that it isn't worth a quick refresher, or a good opportunity to relay your own tips to fellow Autoblog readers in comments.