38% increase in rental rates between 2021 and 2022

In 2022, after the lockdown, car rental companies faced a shortage of cars in France and abroad. Rental prices increased by 38% between 2021 and 2022, compared to a 35% increase between 2019 and 2021. Weekly rent was €228 in the summer of 2019, which rose to an average of €352 in the summer of 2021 and €447 in 2022. 

CA$ 119.28 billion in 2021 – The revenue of the global car rental market is $119.28 billion and could reach $223.07 billion by 2027. It keeps increasing every year.

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Car rental market: what revenue can we expect? 74% of bookings will be online by 2026 – By 2026, 74% of the French car rental market’s revenue will come from e-commerce. This further demonstrates the importance of equipping yourself with the right digital tools to manage your car rental business. 

26% of electric vehicles in the rental market – In 2021, short-term rental professionals doubled their electric vehicle purchases, accounting for 4% of new electric vehicle registrations. These vehicles now account for 26% of the rental fleet, ahead of diesel vehicles. Of the 200,000 vehicles in short-term rental, 5,000 to 7,000 electric vehicles make up the national fleet. However, this type of vehicle is less popular with customers despite the fuel economy.