In wholesale market, rental vehicle volumes likely to climb again but plateau through 2029
It wasn’t long ago that the new-vehicle supply was so dire that rental-car companies were becoming buyers in the wholesale market rather than sellers.
But with the mid-pandemic new-car production issues largely squared away, rental car volume in the wholesale market has bounced back the last three years.
Though unlikely their numbers will reach pre-pandemic levels ...
October 20, 2026
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” That quote from Warren Buffett is one that Bill Westlake, director of national accounts at Metro Auto Auctions, has used as an Auction Academy instructor but also put in practice at Metro […]
Read More
October 20, 2026
Hertz Car Sales has expanded its program that lets potential customers try before they buy. The used-car retailer’s extended test drive program is now available at more than 300 participating Hertz neighborhood rental locations, the company said. TestDrive+, previously called Rent2Buy, allows shoppers to pay a daily drive fee and then test drive a vehicle […]
Read More
October 20, 2026
Automotive M&A advisory Dave Cantin Group has named a former Asbury Automotive Group senior executive and business partner to baseball Hall of Famer Hank Aaron as its senior vice president of strategic initiatives. Hired for the role is Sid Barron, who spent more than a decade at Asbury, where he served as vice president of […]
Read More