Classics car rental numbers: «At manufacturers not in the first place»
If You Can’t Find a Rental Car, Try One of These Options
If You Can’t Find a Rental Car, Try One of These OptionsAs you may remember when air travel shut down last year, rental car companies had to sell off large sections of their fleets to stay afloat (even veteran company Hertz filed for bankruptcy). As a result, the rental car selection in the U.S. was slashed, which then led to higher prices and lower inventory when travel started picking up again. To compound that problem, rental car companies can't restock their fleets quickly due to the chip shortage and other supply chain delays. Hang tight, though, because we have some alternative ideas for you.
rental car cost according to industry data because of the production bottlenecks at the carshares now significantly more. "In Germany, we are at the moment on average 10 to 20 percent over the prices of 2019," said a spokeswoman of the largest German car rental company Sixt.
For 2022, the effects of the delivery bottlenecks of the car maker on the offer of landlords and the development of market prices are difficult to see it Sixt.
The President of the Federal Association of Car Rooms (BAV), Jens Hilgerloh, said, "At the moment it is quite good, because demand is stable» - at a lower level than before Corona, but for "to higher prices". Normally, the German car rental companies bought the manufacturers 350,000 to 400,000 cars, "That's 10 to 12 percent of the overall market," said Hilgerloh the German Press Agency. Large landlords would receive appropriate customer discounts.
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But now the manufacturers can not build hundreds of thousands of cars despite high demand because semiconductors and other components are missing. Follow: The delivery times will be longer, car buyers get less discounts. Hilgerloh estimates that 20 to 25 percent of vehicles needed by the landlords in Germany can not be delivered and thus absorbed about 75,000 in the fleets. Because "the car rental companies are not the first place in the manufacturers».
On the one hand, the car makers earned more on sale from cars to private customers more than with cars for rental fleets. Daimler boss Ola Källenius had recently been on the IAA to sell Mercedes-Benz wool cars to "premium prices" and not with less return to car rental companies.
On the other hand, business relationships had suffered during the Corona Lockdowns, said Hilgerloh. Some landlords had no longer want to lose new vehicles despite delivery agreements with manufacturers because their cars at airport stations already blocked the parking lots. All major car rental companies had greatly reduced their fleets in the Corona crisis and now start up again.
Hertz orders 100,000 Teslas to electrify rental fleet, following bankruptcy .
By the end of 2022, Hertz customers will have a heaping ton of Teslas to choose from.And it sounds like this fleet of Teslas is just the beginning: The 100,000 cars is an "initial order," Hertz said. The move could help the rental company pull ahead of rivals in the EV space for the time being. Tesla doesn't build millions of vehicles per year (it delivered 241,000 cars in the third quarter of this year), so it may be difficult for another company to counter with its own order, given Tesla's current production numbers. That's especially true with the current supply-chain crunch and semiconductor chip shortage.