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2026 CAR Awards Celebrate Industry Excellence
CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
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SEARCHMENUSEARCHCAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
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The conversion rate indicates that the first 15 days of August saw buyers with more bargaining power for this time of year.
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While the total supply of unsold used vehicles is down from the same time a year ago, they are up from the end of June.
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The average listing price of a vehicle remained above $47,000 since April, while the ATP of a new vehicle in July was $48,334 compared with $48,671 in June.
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Long brings years of experience and strong industry connections as a former executive director of the International Automotive Remarketers Alliance and previously of the National Auto Auction Association.
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The deal further positions Cox Mobility in the fleet maintenance sector and expands its servicing of light, medium, and heavy-duty trucks and trailers.
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All major market vehicle segments saw price declines year over year and all were down compared to the previous months, except for one.
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All large manufacturers showed gains in fleet over last year, with combined sales into large rental, commercial, and government fleets improving.
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Overall engagement with the International Automotive Remarketers Alliance has risen across the board in the final stretch before its annual conference.
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Analysis: An increase in one-off moves, overall wholesale industry growth, and OEM production increases are driving prices higher versus pre-pandemic levels.
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Wholesale supply has increased with weaker purchase activity in early July, yet it is otherwise normal for this time of year.
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