Fed Rate Hikes Denting Demand for Autos
Analysis: The Fed wants to see less credit flowing as part of their plan to induce pain, and it's working. Are they taking enough time to see the effects of their moves before doubling down?
Analysis: The Fed wants to see less credit flowing as part of their plan to induce pain, and it's working. Are they taking enough time to see the effects of their moves before doubling down?
NAAA Remarketing Outlook: High vehicle prices, low inventory, solid resale values, and an enigmatic economy are taking the normality out of used and new vehicle sales.
Wholesale prices had been moving downward for most of the year and decreased 4% in August from July, widening the divergence with retail prices.
But don't get too excited. Days supply is still far below historical levels and production has yet to catch up to demand.
The new executive appointments for the NAFA Fleet Management Association include director of content strategy Lilly Grossman, regional engagement manager Marci McNeal, CAE, and manager of credentialing and professional recognition, Natasha Patterson.
A panel at the National Auto Auction Association convention delves into the emerging challenges facing adoption of electric vehicles.
IARA Summer Roundtable: In a free-wheeling interview, entrepreneur and used car industry disruptor Ernie Garcia delivers insights on his mega-merger deal and a customer-friendly e-commerce model.
HDT’s Deborah Lockridge talks to fellow fleet editor Chris Brown, who’s been covering the largest FedEx Ground contractor in the United States — and the criticism that led to the contract's cancellation.
The average price paid for a new vehicle in America now tops $48,000. Supply of popular segments – like subcompacts, hybrids and EVs – remain low.
Sales into commercial fleets were up 37% and sales into government fleets were up 28% last month compared to August 2021.
Subject to formal agreement, the joint venture will build two new large electric vans in a factory based in central or eastern Europe, with output expected within two years. One van will be based on the M-B Vans’ electric architecture known as VAN.EA, and the other based on the second generation Rivian Light Van (RLV) platform.
In this Global Fleet video, Hans Damen and Mike Antich discuss the comparison between fleet trends in Europe and North America. Join them for further discussion on vehicle pricing, availability, and electric vehicles in both parts of the world.
The companies are collaborating on an electric vehicle-specific valuation influenced by the condition of the battery, the most expensive part of an EV.
FedEx Ground contractor Route Consultant and its CEO Spencer Patton have been under fire by the delivery company, facing a late August lawsuit. Now, Patton and the Trade Association for Logistics Professionals are asking for a vote of no confidence against FedEx's CEO John Smith.
IARA Summer Roundtable: A panel of economists laid out a mash up of economic indicators and remarketing industry signals that show the worst is over since 2020. But how much improvement lies ahead?
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