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News•by Staff•July 18, 2021

New Vehicles Hit Record Low in Affordability

Key reasons: Prices paid moved higher, incentives declined, and estimated median incomes fell.

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News•by Staff•July 14, 2021

New Vehicle Supply Slumps to Record Low

Market watchers had been expecting this slowdown to come earlier in the summer, but deals could still be made. Now there just isn’t enough product available.

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News•by Staff•July 13, 2021

XLerate Group Acquires Liquid Motors

Digital transactions have grown tremendously at XLerate over the last five years, and digital is a key component of its omnichannel, go-to-market strategy.

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News•by Staff•July 13, 2021

Study: Fleets Can Electrify Faster Than Assumed

New analysis finds businesses and governments can grow used electric vehicles market by 40% in 2030 by transforming fleets.

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News•by Staff•July 12, 2021

Wholesale Used Vehicle Prices Peaked in June

The Manheim Used Vehicle Value Index hit a record high of 203, and likely won't reach into the 200s again for several years.

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News•by Staff•July 9, 2021

Samsara Adds New App Marketplace Integrations

Samsara's app, which features integrations with more than 100 partners, now includes streamlined dispatch and document management for its customers.

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News•by Staff•July 8, 2021

Mercedes-Benz Vans Opens New Marshalling Yard

The new facility represents the OEM's $53 million investment and commitment to the region in North Charleston, South Carolina.

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News•by Staff•July 7, 2021

First-Half Fleet Sales Push Over 2020 Level as Rental Sales Surge

Fleet sales decreased month over month but rose steeply year over year. Sales into rental rocketed 531% year over year.

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News•July 7, 2021

SEAT S.A. Appoints New Executive Committee Members

David Powels and Kai Vogler have been appointed SEAT S.A.’s new executive VP for Finance and IT and executive VP for Sales & Marketing respectively.

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Videos•by Staff•July 6, 2021

Fleet Recovery Continues to be Tepid

Discover why the fleet industry is seeing a slow recovery from the pandemic by analyzing fleet miles driven and fleet trips taken year over year in this episode of State of the Fleet Industry.

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