CAR RENTAL SALES
Car rental costs may go up South Bend Tribune Big Three's production cuts squeeze bulk sales. DETROIT -- As the nation's Big Three automakers remake themselves into smaller, leaner companies, the rental car business is suffering collateral damage. Rental car prices expected to rise Tulsa World Detroit will have fewer cars available for low-profit bulk sales to rental firms. Rental Car Prices on the Rise KiplingerForecasts.com As the nation's Big Three automakers remake themselves into smaller, leaner companies, the rental car business is suffering collateral damage. All three have cut production this year to bring supply in line with lower demand for their products, and further cuts are inevitable next year. Big 3 cuts bring higher rental prices AP via Yahoo! News As the nation's Big Three automakers remake themselves into smaller, leaner companies, the rental car business is suffering collateral damage. All three have cut production this year to bring supply in line with lower demand for their products, and further cuts are inevitable next year. They're also trying to wean themselves of rebates and other incentives to bring sales prices closer to the Sixt car rental company launches Singapore franchise Antara News (Full text of a statement. Contact details below.) Singapore (ANTARA News/PRNewswire-AsiaNet) - As the 7th country in Asia Pacific, Sixt, one of the leading European car rental and leasing companies, is rolling out its services in Singapore. Car-industry woes slam rental market Richmond Times-Dispatch DETROIT -- As the nation's Big Three automakers remake themselves into smaller, leaner companies, the rental-car business is suffering. Sixt Car Rental Company Launches Singapore Franchise Asia Pulse via Yahoo!7 News (Full text of a statement. Contact details below.) SINGAPORE, Nov. 7 /Xinhua-PRNewswire-AsiaNet/ -- As the 7th country in Asia Pacific, Sixt, one of the leading European car rental and leasing companies, is rolling out its services in Singapore. The company has signed a franchise agreement with the Singapore Mobility Corporation, a subsidiary of PG Asia, a regional group with diversified Detail of Big 3 Fleet Sales AP via Yahoo! Finance The Big Three automakers all are trying to cut low-profit sales to rental car companies and other fleet buyers, with varying success: Car rental prices likely to rise The News & Observer Cuts in production also mean rental companies may hold onto cars longer. Big 3 automakers trimming fleet sales King County Journal General Motors says it will cut fleet sales by 80,000 to 90,000 vehicles this year, with cuts continuing into 2007. Ford won't give specific numbers, but said fleet sales are up 9 percent this year due mainly to the Taurus, which is sold mainly to rental car companies.
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