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General Business
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Rental car sector decelerates, as tourism ‘flatlines’

Industry unlikely to get back to its sweet-spot of more than 60,000 vehicles this coming year.

The car rental sector is enduring the ups and downs of seasonal demand.

The car rental sector could be the canary in the coalmine for the coming tourist cycle, with the fleet likely to be 10,000 cars “light” this coming summer.

Ben McFadgen, chief executive of the Rental Vehicle Association (RVA), said a “dour outlook” for the economy and for international

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Brent Melville Tue, 16 Jul 2024
Contact the Writer: bmelville@nbr.co.nz
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Rental car sector decelerates, as tourism ‘flatlines’
General Business,
104890
true