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ALG Projects 17M New Vehicles Sold in 2019

Vehicle manufacturers will sell 17 million new vehicles in 2019, which would represent only a 1.3% decline from a year that recorded a third consecutive year of more than 17 million new vehicles sold, according to Oliver Strauss, chief economist for TrueCar’s ALG.

Yes Virginia, There is Depreciation

Depreciation is a necessary evil in our industry. Knowing your risks and knowing your OEM partners won’t make depreciation go away but it can make it more manageable.

ALG Sets Bolt EV's Residual Value

The 2017 Chevrolet Bolt EV should retain as much as 39% of its value after three years of retail leasing, which is significantly better than other mainstream competitors, according to ALG.

ALG Names 2017 Residual Value Winners

ALG has named Land Rover and Subaru as the winners of the 2017 Residual Value Awards (RVA). Land Rover earned the top Premium Brand award, while Subaru was honored as the top Mainstream Brand.

VW to Lower Prices, Will It Affect Residual Values?

Volkswagen will begin offering its new models for lower prices and provide dealers with a broader product range in a move that could lower residual values if incentives remain high, one expert told Automotive Fleet.

New Commercial Vans Offer Improved Residual Value

A lineup of new full-size commercial vans from Chrysler/Ram, Ford, and Mercedes-Benz will deliver significantly higher residual value that their counterparts from previous generations, according to ALG’s latest industry projection.