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This week, we're breaking down which industries have the highest rates, how Jamie McKay manages 2,400 vehicles, what's happening with the 2027 fleet awards, and why software-defined vehicles could introduce new costs.
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Supply chain constraints make it difficult to get replacement vehicles leading to extended cycling of those currently in service. This is pushing the envelope of warranty coverage that is exacerbated by a shortage of replacement parts.
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Two of the world’s largest leasing companies are considering combining forces to create a global mobility leader.
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The latest quarterly report from AutoIMS underscores the trends steering the remarketing and auction industries.
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Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.
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Many factors converged to exert upward pressure on PM costs, such as longer vehicle service lives due to limited product availability; the ongoing transition to synthetic oils; and higher labor rates to attract scarce technicians.
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Chris Hornberger started his new role Oct. 1 and previously worked for Buick and GMC.
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But days’ supply climbed to 43 in September, the highest it has been in months, on higher inventory and slower sales.
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The data is available by subscription on the autoniq app and showcases information on similar year, make, and model vehicles sold at auction.
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The craft brewery has implemented technology and creative thinking to get through the COVID-19 pandemic with smoother operations.
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Manheim Market Report (MMR) prices saw strong gains through the first two full weeks of October. The latest trends in the key indicators suggest wholesale used vehicle values will likely see further gains in the days ahead.
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