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Used Vehicle Prices Climb Higher As Sales Pace Slows
The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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SEARCHMENUSEARCHThe higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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LOGAN TOWNSHIP, NJ - Mitsubishi Fuso Truck of America (MFTA) has announced a new "Navigate Great Savings" incentive program for the second-quarter 2009.
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BLOOMINGTON, MN – Lloyd Leslie McPherson, former executive vice president of Gelco Leasing Corporation, passed away April 18 after a long, courageous battle with Alzheimer's. He was 85.
Read More →TROY, MI – SmartAuction, a wholesale remarketing Web site, reports it has achieved record sales of Avis Budget Group vehicles during the first quarter of 2009.
Read More →PURCHASE, NY – PepsiCo's proposed acquisition of its two largest anchor bottlers, The Pepsi Bottling Group and PepsiAmericas, may bump up its fleet size to make it the largest beverage fleet in the U.S.
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This upstream remarketing channel, which offers out-of-service fleet vehicles not only to drivers, but also to the broader purchasing pool of other company workers, saves money and provides a valuable employee benefit.
Read More →Resale values for mid-size sedans are substantially higher than in 2008, as are prices for light-duty trucks and SUVs. Contributing to this rebound is a decrease in wholesale inventory, low fuel prices, and strong retail used-vehicle sales.
Read More →HERNDON, VA - Audi today announced sales for the month of March totaling 6,433 units sold. Audi's share of U.S. import luxury vehicle sales increased a strong 1.3 percentage points to 7.77 percent in March.
Read More →PEORIA, IL – Caterpillar and Navistar have signed a definitive agreement to produce Caterpillar heavy-duty vocational trucks for sale in North America and form a 50/50 joint venture that will pursue global commercial truck opportunities outside of North America.
Read More →BINGHAM FARMS, MI – Vincentric announced the winners of its 2009 Best Fleet Value in America awards, with strong fleet product lines from General Motors and Toyota each earning seven awards, and Ford with five winning vehicles.
Read More →WASHINGTON – U.S. sales of hybrids in March 2009 dropped 44 percent by volume year-on-year to 21,433 units, based on data reported by the Green Car Congress.
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