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The US is undergoing a nationwide shortage of available rental cars, with a perfect storm of high demand and low inventory. As a result, travelers are faced with unusually high rental fees and, in many cases, a complete lack of cars.
Jonathan Weinberg, the founder and CEO of AutoSlash, a third-party website for discount car rentals said, “The situation is quite severe. The rental companies sold off between 30-40% of their fleets during COVID to survive, unloaded in the used car read more ⇒