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The unit encompasses four business solution areas: Fleet Services, Fleet Operations, EV Battery Solutions and Emerging Ventures.
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The last two weeks of 2021 saw intense consumer demand for light commercial vehicles in the UK, driving average stock values to their second highest levels of the year.
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Despite squeezed supply, the used-vehicle market has been playing a key role in the recovery of the automotive industry.
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Despite the interest in EVs, cost remains a critical barrier for fleet managers, particularly the larger upfront costs known to deter EV adoption.
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The program provides used EVs through a subscription service with a later option to buy.
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The Cox Automotive Insights team looks at key industry trends ahead that overall point to a healthy year.
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Analysis: A big drop of 20% to 30%, as one report suggests, is highly unlikely. History tells us a decline of more than 10% is rare indeed.
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During the first 15 days of December, the Manheim Used Vehicle Value Index hit 239.8, a 49% increase from December 2020.
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Available inventory edged slightly higher but remain below normal.
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Despite constrained inventory, the used-vehicle market has been playing a key role in the automotive industry recovery.
Read More →