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Year to date, the total used-vehicle market is on pace to finish down more than 10% from 2021’s 40.6 million total.
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Hit with the Coronavirus pandemic just like the rest of the world, automobile sales in the 27-state nation were certainly down in 2020. A total of 1.62 million passenger cars were sold and 335,269 light commercial vehicles (LCVs) between January and December, representing year-over-year decreases of 28.6% and 15.4% respectively.
Read More →To get the most value from a used truck, fleet managers looking to auction their units should do a little research and be thoroughly prepared.
Read More →CAR 2022: The Conference of Automotive Remarketing panel will share perspectives on how independent auctions are handling challenges in a new industry environment.
Read More →A report finds widening markets for electric cars, buses and trucks despite the global pandemic.
Read More →Clem Driscoll’s latest survey on fleets’ buying intentions and use of GPS fleet management systems reveals new trends in overall penetration, growth sectors, system benefits and dislikes, and why users switch systems.
Read More →Overall improved business conditions opened pent up demand for replacement units, especially in the oil sector and construction, which in the prior several years had scaled back new-vehicle acquisitions due to stagnant growth.
Read More →Before the end of the decade, Mercedes-Benz said it will expand its product range by launching a pickup.
Read More →Manheim has announced that six of its auctions have won Auction Achievement Awards from Enterprise Rent-A-Car for their performance in 2003.
Read More →The UK commercial vehicle market continues its growth for ninth consecutive month — up 23.2 percent to 24,567 units according to the Society of Motor Manufacturers and Traders.
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