U S Car Rental Industry Video
US Car Rental Market: Industry Analysis \u0026 Outlook (2017-2021) U S Car Rental IndustryFor The Latest News & Updates
Could small car rental operations benefit? Several system licensees had an original equipment manufacturer cancel major orders.
One major system licensee said that fleet ordersparticularly in rental, would be the first to get cut. OEM representatives have informed licensees to expect significant delays for certain vehicles, particularly for trucks and SUVs.
A rental fleet supplier reiterated that they were scrambling for product, primarily on SUVs. The semiconductor chip market saw production problems intensify last year when the coronavirus pandemic disrupted supply chains. These s emiconductors control smartphones and computers.
These semiconductors need to chips. With the demand drastically reduced, chip manufacturers focused on more profitable sectors, shifting away from chip production for cars and turning to consumer electroni cs. However, as auto manufacturing picked up, this chip shortage caught up to the industry.
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They are expected to reopen https://amazonia.fiocruz.br/scdp/essay/writing-practice-test-online/three-pillars-of-sustainable-development.php early February. They have also closed the German plant for one month, which makes the Ford Focus for that European market. As car dealerships see their supply cut significantly, rental operations can benefit. Using your car rental software program, you can manage your fleet allocation and forecast demand for the coming months. The effects can eRntal significant on the industry, so be sure to check with your account manager on how you can navigate these next few months by using the features available in your car rental program.]
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