THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
Commercial fleet sales increased 9.9% in August, while government sales fell 15.3% and daily rental sales increased 44.7%.
Overall vehicle values last week were stable, as the anticipation for Labor Day kept bidding strong at auctions, according to Black Book’s Sept. 3 Market Insights report.
The number of U.S. motor vehicle deaths in the first six months of 2019 was 18,580 as compared to 19,060 for the same six-month period in 2018, according to a preliminary estimate from the National Safety Council.
Some 44% of Americans said they would ride in a self-driving Uber vehicle today as compared with 35% who said they would never do so, according to a new survey from DriversEd.com.
The study, commissioned by Uber and Lyft themselves, exposes the ride-hailing congestion problem - and it's worse than we thought. However, Uber says the scale "is dwarfed by that of private cars and commercial vehicles."
Commercial fleet sales rebounded in July with a 29.8% increase to 66,909 from a year ago. Sales of trucks, vans, and SUVs paced the gain, while sales of cars again saw a heavy decline, according to Automotive Fleet data.
Depreciation among car and truck segments improved slightly last week, but overall remains fairly stable, according to Black Book's July 29 Market Insights report.
Fleet operators are most worried about keeping up with fleet management technology, shortages of qualified drivers, and a possible economy slowdown, according to a survey from TD Bank.
The ride-hailing industry will experience further growth over the next five years, but this growth will level off, according to analysis from Statista, a German research portal.
The average value of used fleet vehicles increased 1.5% to $13,758 in June from May, but remain 4.3% higher than a year ago, according to KAR Auction Services' ADESA unit.