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Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.
Analysis: It appears the period of used-vehicle price correction is over with the market coming down from pandemic peaks.
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Wholesale values declined slightly more than usual at year-end, but it was still the most normal year for depreciation trends since 2020.
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Insights gained from the data can in turn lead to the development of cleaner vehicles for fleet drivers, helping fleet managers meet their sustainability goals.
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Geotab's Unified Platform reads data from 157 OEMs and supports nearly 15,000 vehicle makes, models, and model years, enabling fleet managers to gain real-time insights and make informed decisions for their diverse operations.
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The seminar will offer hands-on learning and access to tools to enhance commercial fleet managers' skills and knowledge in fleet operations.
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Used-vehicle sales were seasonally stronger than normal last month and higher year over year by 13%.
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Used EV sales rose a whopping 63% so far year over year, while new EV sales increased about 14%.
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Many buyers waiting for the best deals realize now is the time to buy a vehicle before the new Administration's possible policy changes.
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Tight supply in wholesale and retail vehicle markets will support healthy dealer demand through December.
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The platform will serves fleets of all sizes, delivering telematics and cloud-based solutions for commercial fleet, field services, and passenger industries.
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