Nissans Crowding Rental-Car Lots Carry Risk as U.S. Sales Slow
- Surging shipments to fleet customers power automaker’s growth
- Industrywide U.S. vehicle sales seen slipping again in May
What Is Driving Down U.S. Auto Sales?
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When his car needed weeks of transmission work and his dealer was out of loaners, Myles Arnett was sent to a nearby Hertz rental-car lot. He had his pick of Nissan Altima and Sentra sedans to choose from -- and little else.
“Over the past two, three years, predominantly Nissan is what’s on the lot, whether its Enterprise or Hertz,” said Arnett, a Columbus, Ohio-based computer-network administrator who rents vehicles several times a year.