Fleet Sales Keep Up Hot Streak in May
Estimates shows strong sales gains from rental, government, and commercial sectors as the supply chain squeeze of 2021-22 continues to ease.
Estimates shows strong sales gains from rental, government, and commercial sectors as the supply chain squeeze of 2021-22 continues to ease.
Three regional auction owners have been recruited to handle leadership duties at the independent auction group.
Vehicle shoppers now have a much better chance of finding something that fits their needs as improved supply relieves pent-up demand.
A widespread auction data report points to the key question of: will the overall upside market last?
Next Inspect helps automakers, captive lenders, and fleet owners capture more accurate vehicle conditions to inform buying decisions.
Twice as many vehicle shoppers considered hybrids instead of an EV and eight of 10 top selling electrified vehicles last quarter were hybrids.
The International Automotive Remarketers Alliance selected an experienced executive in the wholesale automotive industry to lead operations of the trade group.
CAR 2023: Politics may be tough territory, but trade groups that build bridges in Washington, D.C. are less likely to get eaten at the regulatory table.
Mid-Month Update: The Manheim Used Vehicle Value Index was down 7% compared to the full month of May 2022.
A veteran fleet manager turned electric vehicle consultant has developed some first-hand, first-step insights working with larger fleets and auctions.
Finding the right product at the right price is more challenging for used vehicle buyers today, amid higher interest rates and recession fears.
CAR 2023: The two sides of a successful wholesale vehicle transaction confronted some difficult conversations and assumptions about doing business.
The average price likely will stay relatively high since few new vehicles were sold in recent years and little leasing was done.
Post-pandemic pent-up demand is moving into the automotive market. Strong sales growth into fleets strengthened April numbers.
For the second month in a row, average transaction prices undercut manufacturer's suggested retail prices, reversing a prior 20-month trend.
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