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Foreign, Domestic Automakers Suspend Production at North American Factories
Manheim Implements Simulcast-Only Sales Amid COVID-19 Concerns
Labor Shortage Increases But Economic Uncertainty Emerges

Labor Shortage Increases But Economic Uncertainty Emerges

The robust economy is creating record numbers of new jobs and a subsequent labor shortage that is being exacerbated by the large wave of Baby Boomer retirements, but some see uncertainty of future market conditions.

December 11, 2019

Enterprise Reports $25.9B Annual Revenue

Enterprise Reports $25.9B Annual Revenue

In the 2019 fiscal year, the organization recorded more revenue, transactions, vehicles, locations, and customer miles logged than ever before.

October 20, 2019

Hertz Increases Q2 Revenue 5%
Avis Reports $2.3B in Q2 Revenue
Sixt's Q1 Revenue Hits $697M

Sixt's Q1 Revenue Hits $697M

Following this Q1 start, the managing board of Sixt confirms its outlook for the entire fiscal year of 2019 and plans investments of around 8 billion euros ($9 billion).

May 9, 2019

Hertz Reports Quarterly Revenue of $2.1B
DriveItAway Partners with CloudOne

DriveItAway Partners with CloudOne

CloudOne is specifically designed to seamlessly facilitate new and used vehicle sales, while also providing conquest digital marketing services and credit-based lead generation through its wholly-owned subsidiary, CreditYes.

April 3, 2019

Hertz to Sell 100th Anniversary Corvettes
Cox Automotive Creates Mobility Fleet Service Network
Bobit Business Media Sold to Gemspring Capital

Bobit Business Media Sold to Gemspring Capital

Bobit Business Media has been acquired by Gemspring Capital, a middle-market private equity firm. Bobit, which bought HDT in 2012, was founded by Ed Bobit in 1961 with Automotive Fleet and today is a successful business-to-business media company in the fleet, transportation, beauty, and law enforcement industries.

November 26, 2018

Hertz Closes Q3 with $2.8B Revenue