Rental car companies continue used-market shakeup in Q1

Rental car companies are still contributing to used-vehicle value fluctuation as they turn to the used-car market to stock their fleets as more consumers return to travel. Avis’ U.S.-based average rental fleet grew 1.8% sequentially and 50% year over year to 443,356 units in the first quarter, according to the earnings release. The number of […]