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Commercial Fleet Sales Increase 12.3% in May

Commercial fleet sales continued their torrid spring, increasing 12.3% in May after increasing 11.2% in April. Year-to-date sales are now 7.8% ahead of the first five months of 2018, according to Automotive Fleet data.

Used Fleet Vehicles Increase 4.3% in April

Used vehicles from fleet consignors in ADESA sales increased 4.3% to $13,771 in April compared to March, and were up 4.4% from a year ago, according to monthly commentary from Tom Kontos.

Check-Engine Repair Costs Spiked in 2018

Automotive diagnostics data and business solutions provider CarMD has released its latest CarMD Vehicle Health Index, an annual report designed to provide an overview of information related to check engine-related car repairs, costs, and trends.

EV Sales, Loyalty Reach Record Highs

The U.S. market for fully electric vehicles has reached record volumes with 208,000 new registrations in 2018, all while loyalty rates of EV buyers continues to grow, according to recent analysis by business intelligence firm IHS Markit.

Depreciation Costs Decline, Now 32.9% of TCO

Vehicle depreciation accounted for 32.9% of the total cost of ownership over the past 12 months, which continues a three-year trend of declining depreciation costs, according to a new study from Motus.

2019 Fleet Salary Survey

Automotive Fleet's biennial fleet manager salary survey revealed that fleet manager salaries are growing, with more reporting earning salaries over $80,000 and fewer reporting annual earnings between $50,000 and $80,000 in 2018 compared to a previous study.