MENU
SEARCHMENUSEARCHLoading data...
There was further discussion about the currently high residual values (RVs) of vehicles, as well as leasing companies making good profits on resale.
Read More →
Based upon an analysis of wholesale used vehicle prices by model class, ADESA feels that a number of factors leads the company to believe that the worst is over for the used-car market.
Read More →The dynamics in today's market are eerily familiar to the resale value softness that occurred in the last decade. It appears that we are on the same trajectory, with off-lease volumes peaking in 2016.
Read More →DETROIT – Chevrolet debuted the Onix, a small hatchback during the the Sao Paulo Auto Show in October 2012. The vehicle is designed specifically for the Brazilian market.
Read More →DETROIT – The new 2007 Dodge Ram 2500 and 3500 heavy-duty pickups with the Cummins 6.7L turbodiesel engine were recognized at the auto show in Washington, D.C., as the cleanest mass-production diesel-engine trucks on the market.
Read More →SPARKS, MD – Rob Stowers, Senior Vice President, Truck and Equipment Leasing at PHH Arval, has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Independent Middle Market Business Council Steering Committee.
Read More →Today, Oct. 7, the Federal Reserve Board announced that it is invoking emergency powers to create a special fund to support the U.S. commercial paper market. The announcement by the Federal Reserve allows corporations to bypass the current credit gridlock gripping the nation’s economy. This has an impact on the fleet market since one source of financing for large fleets is the commercial paper market.
Read More →Today's new-vehicle market will generate (ultimately) the used-vehicle market of tomorrow. If there is a decrease in new-vehicle sales, there will be a corresponding decrease in the future number of used vehicles in the marketplace. Even though there is a lot of nervousness in the market, no one is anticipating a dramatic decrease in new-vehicle commercial fleet orders for the 2009 model-year. However, the same cannot be said for the retail new-vehicle market.
Read More →Nikola, which has yet to sell a truck, saw its market valuation surged to $31 billion — higher than Fiat Chrysler and Ford — in its first week of public trading.
Read More →Certified pre-owned (CPO) vehicles have become an increasingly significant part of automakers' sales and marketing programs. According to a new study conducted by New Jersey-based research and consulting firm, TechnoMetrica Market Intelligence, CPO sales are expected to reach approximately 1.6 million units by year's end, up significantly from the 516,000 units sold in 2000.
Read More →