Nissan Stands Out As Loser, Rental Cars Changing Market

The Morning ShiftAll your daily car news in one convenient place. Isn’t your time more important?

The car market these days is in a moment of demand outpacing supply, and rental car companies are not helping. All that and more in The Morning Shift for May 17, 2021.

1st Gear: Prices Up, Mileage Up

I’ve always been generally aware that rental car companies and fleets in general have an outsized influence on the American car market. Hell, I remember the Chevy Malibu Classic existing. You have to explain that somehow.

In any case, a new article from Automotive News lays out how rental car companies fit in with today’s car market struggling amidst a global semiconductor chip shortage. From Automotive News:

Major rental-car companies with their large fleets are known to buy when prices fall and sell when they rise. But instead of unloading their fleets to

Read More