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Car Rental Shortage After Companies Sold Inventory to Cover Operating Costs During Pandemic Standstill

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Rental Cars Becoming Scarce And Expensive For US Travelers

Rental Cars Becoming Scarce And Expensive For US Travelers By Juliette MICHEL 05/06/21 AT 9:54 PM Talk about sticker shock: The $600 price tag for Joe Pohlen to rent a car for two days was twice as expensive as his plane ticket. The Michigan businessman was stunned, but the experience is becoming more common for US travelers, an unexpected consequence of the pandemic. Not only have prices skyrocketed, it can be hard to just find a car at all. Pohlen told AFP that Hertz was the only agency that had a vehicle available during a brief trip to the East Coast. And though he chose the cheapest possible option, the bill came to $601.59 for a vehicle rented in Maryland and returned in Pennsylvania two days later.

Paying more for a rental car than a plane ticket? The cost of a global chip shortage

Image: iStock The global semiconductor shortage that has disrupted auto production has meanwhile only made matters worse for the companies trying to build back their stock of cars. The higher cost for rental cars comes just as the reopening economy has led to a boom in demand for certain products and services.  Avis in February said it had reduced its fleet by a third. Talk about sticker shock: Joe Pohlen paid $600 - over R8 400 - to rent a car for two days, more than twice the price of his plane ticket. The Michigan businessman was stunned, but the experience is becoming more common for US travellers, an unexpected consequence of the pandemic.

Plus difficile et plus cher de louer une voiture aux Etats-Unis que de prendre l avion - Entreprises

Plus difficile et plus cher de louer une voiture aux Etats-Unis que de prendre l avion - Entreprises
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