Imports Move in as Detroit Abandons Rental Companies

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In an effort to revi­tal­ize resale val­ues of their vehi­cles, Detroit automak­ers are reduc­ing the num­bers being sold to rental com­pa­nies and fleets. Car rental com­pa­nies are scram­bling to find replace­ments. For­eign automak­ers seem anx­ious to fill the void, but it appears to be a seller’s mar­ket dri­ving rental rates up for con­sumers.