Consumer confidence plunges worse than expected across leading indexes after tariffs and added import duties seep into automotive markets.
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In the first month after the U.S. levied steep tariffs on the automotive sector, the rental car sector got all the gains.
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Although fewer EVs this year beat gas cars on total cost, most still win on fuel, maintenance, and emissions reductions.
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America’s Auto Auction accelerates growth, adding North Bay to its fast-expanding map of market-shaping auction powerhouses.
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Nationwide’s survey shows 53% of drivers regularly take work-related calls while driving, whereas 1 in 4 respond to work texts or emails on the road, prompting hands-free safety policies and training.
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NVLA presented awards to four leaders whose vision, service, and innovation continue to shape the future of the vehicle leasing industry.
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Commentary/Analysis: The Democratic Party has challenged the industry by pushing an aggressive green agenda while the Trump administration is now forcing tariffs – a one-two punch the industry hardly deserves.
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With over 70 models available, competition in the EV market is fierce. The new EV price premium over ICE+ vehicles increased to $12,229, the highest in two years.
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Meanwhile, off-rental units spike commercial vehicle sales by 40% year-over-year.
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The new approaches include enhanced password requirements, mandatory two-factor authentication (2FA), and proprietary fraud detection tools.
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