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Peru is one of the fastest growing economies in Latin America, and the economy of Chile is ranked as a high-income economy by the World Bank.
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As oil prices have dropped, the growth in fleet sales has shifted from the oil-rich provinces of Alberta and Saskatchewan to the manufacturing provinces of Ontario and Quebec, which have influenced the types of vehicles acquired.
Read More →A mid-month measure shows a slight increase in prices in June but continued lower price levels compared to 2023.
Read More →Conditions have shifted to favoring buyers; but with tight supply, the market is close to a balance between buyers and sellers.
Read More →After closing out 2022 with the longest-running, sharpest decline over a single year, wholesale used vehicle prices have risen in 2023.
Read More →According to a mobility report by Avis Budget Group, 82% of respondents said owning a car was still important, but 54% said they are prepared to give up car ownership and rely on long-term rental, on-demand, or subscription services in the future.
Read More →Cox Automotive has acquired Fyusion, a computer vision company that provides immersive vehicle imaging solutions for the automotive wholesale market and other industries.
Read More →The milestone vehicle was sold at Manheim Chicago, a wholesale vehicle auction operation, and the seller was the Chicago-based Turner Acceptance Corporation, a long-time Remarketing by GE customer.
Read More →Peter Grupposo succeeds Holly Capps overseeing the commercial sales, dealer sales and market insights teams for Manheim and NextGear Capital.
Read More →Manheim plays an instrumental role in driving DaimlerChrysler’s 2004 PT Dream Cruiser Series 3 to the retail market.
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