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During the 2013 Los Angeles Auto Show, trucks and SUVs were well represented, showing consumers and fleet managers alike that these are among the most versatile vehicles on the market today. Photos by Stephane Babcock, Paul Clinton, Joanne Tucker, Amy Winter, and Chris Wolski.
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As fuel prices stay persistently high, retail buyers are shying away from new and used sport/utility vehicles, triggering a softening of resale values in the whole-sale market. Retail demand for new SUVs declined dramatically during the summer by as much as 20-30 percent.
Read More →Chrysler Group captured four separate product awards from Edmunds.com in the Web site's seventh annual "Editors' Most Wanted" awards program. Chrysler Group accepted the awards at the Specialty Equipment Market Association (SEMA) trade show in Las Vegas on November 2.
Read More →The N.A.D.A Official Used Car Guide® Co. (N.A.D.A) and Chrome Systems Corp. have partnered to provide a market-reflective used-vehicle valuation resource and a comprehensive database of new vehicle pricing, specification information and related technologies, according to company spokespeople.
Read More →By Mike Antich, Editor, Vehicle Remarketing magazine. A new concern is emerging in the used-vehicle market about the possibility of a future softening of resale values for full-size pickups. Currently, and throughout the 1990s, resale values for full-size pickups have been extremely strong. The concern is that the supply-and-demand imbalance we are seeing today with SUVs in the wholesale market
Read More →Toyota Motor Corp. is likely to sell a hybrid version of its best-selling Camry from 2006, a Japanese newspaper reported on March 12, a move that would shift hybrids from their niche position in the car market into the mainstream.
Read More →DEARBORN, MI – R.L. Polk & Co., a provider of automotive market data, has certified that Ford has four times more full-size vans on the road with 250,000 miles or more than any other competitor. Ford's new 2008 Ford E-Series will hit the road in August.
Read More →With the withdrawal of a major subscription company from the U.K., several other players have enpanded their reach in the EV marketplace, offering fleet managers another acquisition channel.
Read More →PARIS – Honeywell Transportation Systems is projecting a huge increase in the number of vehicles equipped with turbocharged engines coming to market, with the the largest increases in the U.S., India, and China.
Read More →During Meissner's tenure as managing director for Sixt Italy, the market was able to triple its sales volume within three years.
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