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Some rental car companies unloaded idle vehicles in 2020 in order to provide much-needed revenue while facing an uncertain future. Now, those same companies are struggling to rebuild fleets as
By Dawit Habtemariam, Business Travel News | | "Can you even get a reservation?" "How long are you willing to stand in a line?" Those are some of the questions business travelers may have to ask this summer if car rental suppliers don't have enough vehicles available to service them, according to DK Consulting Group CEO David Kilduff. If travel resumes faster than expected, some car rental companies -- managing already reduced fleets -- may come up short due to ongoing small fleet orders and a global shortage of semiconductors, which are critical components in car manufacturing. Suppliers a...