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Retail used car sales are up 4.3% year-to-date, according to Manheim Chief Economist Jonathan Smoke’s Industry Insights.
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Wholesale used vehicle prices jumped 3.79% month-over-month in February, led by a major increase near the month's end.
Read More →The nation's largest wholesale vehicle auctions, including Manheim and Adesa, have shifted to digital-only auctions and taken other precautions to protect the facilities from Hurricane Dorian's possible landfall later this week.
Read More →Manheim Forecast: Tax refunds and a supply-constrained market will likely lead to another round of price increases in the first half of 2022
Read More →What does the newly combined fleet management powerhouse have in store for customers? Find out from its CEO its plans for a changed fleet market.
Read More →The new system enables Webasto to cover 90% of the van market with approximately 30 a la carte HVAC components.
Read More →Are used-vehicle prices finally decelerating? Find out this and how much of an impact used-vehicle prices are having on the rest of the market in this episode of State of the Fleet Industry.
Read More →Topics mentioned in this video include a look at the strong August U.S. jobs report and purchasing manager index (PMI); commercial fleet ordering declines in August 2020; how company budget cuts may have impacted fleet sales; and rightsizing considerations due to an increase in virtual communications with customers and prospective customers.
Read More →Learn about the correlation between low diesel inventory and retail price and the impact a recession would have on stockpiles and prices in this week's state of the industry.
Read More →Due to high demand, fleets are seeing two back-to-back early order cutoffs for 2023 model vehicles, while both Ford and Toyota adopted controlled allocation. What does this mean?
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