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Analysis: Experts from Cox Automotive say in the near term, after a short surge in buying, vehicle sales will likely fall amid price increases, and OEMs may eliminate some models if tariffs persist.
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Rental, commercial, and government fleet sales fell against February 2024 numbers but are up after a slow start to the new year.
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About 44% of the new vehicles sold in the U.S. last year were imported from countries across North America, Europe, and Asia.
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A Rental Purchase Option (RPO) for commercial trucks allows companies to rent vehicles while simultaneously building equity. Learn the fleet applications where they make sense.
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Commercial and government fleets sales start the year with losses while rental fleet purchases show a healthy rise.
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Analysis/Commentary: Billions have already been deployed toward EV manufacturing, and the industry cannot walk away from it, but we need to find a way to do this profitably.
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The expanded service provides auto dealers with faster access to pricing and market data when making informed wholesale buying and selling decisions.
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Market Snapshot: Who are EV buyers, what EV models are they purchasing, and where’s all the selling action?
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Except for charging infrastructure, the variables for planning fleet electrification span duty cycles, use cases, geography, reliability, fleet size, and availability.
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Finding the right product at the right price is more challenging for used vehicle buyers today, amid higher interest rates and recession fears.
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