Enterprise To Hold On To Vehicles Longer

In response to the economic meltdown, America’s largest renal car business, Enterprise Rent-A-Car, is expected to hold on to the vehicles in their fleets longer than they normally have in the past. Enterprise is hoping to cut costs by keeping their cars and light trucks in the fleet for 13 months instead of the 9-11 months the company saw in the past.

This has put a hit on the American automakers as well. Detroit automakers are seeing less of their vehicles being purchased, as Enterprise and other rental car companies are feeling the pinch of the economic downtime, causing them to hold on to their vehicles longer and shrink the size of their fleets.

Despite these trying times, Enterprise remains optimistic and is confident that the economy will rebound eventually and things will go back to the way it was in the recent past.