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Topics mentioned includes how improvements in the larger economy are impacting the fleet industry; telematics companies observing a strong return of fleet activity; OEM vehicle production continues return to normalcy; and the robust wholesale used-vehicle market.
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Topics mentioned includes the state of the wholesale used-vehicle market; how an increase in employment will boost demand in the used-vehicle market; and sales activity at auctions starting to pick up.
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Today, Automotive Fleet is hosting its fifth webinar on the COVID-19 pandemic titled “Remarketing Strategies to Survive the COVID-19 Pandemic."
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Black Book’s latest COVID-19 Market Update found that while used vehicle values have continued to depreciate since the last week of March, the rate of depreciation has been significantly lower over the last two weeks.
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Topics mentioned in today's video includes the reopening of automotive assembly plants, the state of the wholesale used-vehicle market, and what is happening with independent used vehicle dealers.
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Used vehicle values are beginning to buckle as depreciation continues to accelerate, particularly among sedans, according to Black Book’s Oct. 1 Market Insights report.
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While luxury vehicles continue to struggle, overall vehicle values held steady last week, according to Black Book’s Oct. 8 Market Insights report.
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