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The market is starting to see lower lease maturities for the key 3-year-old segment, and those effects will be felt over the rest of this year and into 2025 and 2026.
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According to Reuters, Nissan Motor Co.’s CFO said on Dec. 6 that the Japanese automaker would not increase its sales incentives in the United States in 2003 despite a widely expected fall in car demand in the U.S. market.
Read More →Used vehicles in the 2009-2013 model years fell 0.7 percent in value in March in a market bolstered by tax buying season and strong residual values of full-size vans, according to Black Book.
Read More →Ford will bring the Ranger mid-size pickup truck back to the North American market for the 2019 model year and the Bronco midsize SUV to global markets for the 2020 model year, the OEM announced at the Detroit auto show.
Read More →Former fleet vehicles sold by KAR Global's ADESA remarketing unit fell 3.2% in value in November from the prior month but remain 3% ahead of a year ago partly due to a softening wholesale market.
Read More →Last overhauled for the 2014 model year, the Mercedes-Benz S-Class gets a refresh for 2018 that includes new engines and an infusion of new tech into one of the most already advanced vehicles on the market.
Read More →To get the pulse of the vocational truck and van market, I reached out to a wide cross-section of fleet managers around the country to find out what’s on their minds. Here’s a snapshot of what they told me.
Read More →Car-rental transactions are down in a stagnant travel environment, and used rental risk-car prices are also down. In the past, car-rental companies used the gains on used-car sales to offset reduced revenues from rental operations.
Read More →A war in which one side has The Bomb … and the other has a couple of slingshots. That’s how some industry members view bank entry into the vehicle leasing market, where an ample source of funds can mean low rates.
Read More →North America remained Volvo's largest market just ahead of China for 2013, as the automaker reported a 10.1% decline in sales partly due to a shift toward retail sales and away from rental fleet sales.
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