Tagged new vehicle sales

Off-Rental Vehicle Prices Strong Despite Bleak Economic Backdrop

August 25, 2010 in Remarketing

The report from Manheim Consulting reveals the average price for off-rental vehicles increased in July and year-over-year.

Used-Vehicle Supply to Decline, Resale Values to Increase in Coming Years

June 30, 2010 in Fleet Acquisition, Remarketing

The extensive drop in new-vehicle sales last year may cause a decline in the used-vehicle supply, resulting in higher resale values in the next few years.

J.D. Power: New-Vehicle Retail Sales Continue to Weaken in June

June 30, 2010 in Fleet Acquisition

June new-vehicle retail sales were down 5 percent compared with one-year ago. Fleet sales were not expected to change, so the SAAR may come in well below the 10.9 million units previously expected.

March New-Vehicle Retail Sales Rebound from Recall and Weather-Dampened February Levels

March 24, 2010 in Fleet Acquisition

Industry recovery regains traction as both retail and fleet sales levels improve.

ALG Predicts Gain for Detroit 3 in Residual Values

March 3, 2010 in Fleet Acquisition

While 2009 was one of the roughest roads the auto industry has traveled, the road ahead looks more promising for the Detroit 3 with on average gain of approximately 3 percentage points in the 36-month residual outlook.

OPENLANE Provides Ford Dealer's Access to Wholesale Vehicles

March 3, 2010 in Fleet Acquisition

Ford and Lincoln Mercury dealers can conduct online purchases of off-rental vehicles with their existing Ford Signature Floorplan or Ford DEFT accounts.

McElroy: Detroit 3 Profitable Again in 3 Years

By Cindy Brauer and Grace Lauron, March 2010 in Fleet Acquisition

Automotive industry analyst John McElroy is “bullish” about the future of the Detroit 3, forecasting a profit break-even point at 10-million SAAR (seasonally adjusted annual rate) and for the domestic OEMs to be “extremely profitable” at 14 million units yearly in sales.

NADA: Rising Consumer Confidence, Employment Lead to Improved Vehicle Sales in 2010

February 17, 2010 in Fleet Acquisition

NADA Used Car Guide Analyst Paul Taylor says economic fundamentals point to strong used-car market.

KBB: New and Used Prius Values Drop

February 10, 2010 in Remarketing

In response to the recently recalled 2010 Toyota Prius, Kelley Blue Book has announced that the transaction price of the new Prius will drop by $1,000 to $1,500 on Feb. 12.

Chrysler Recovery Efforts Will Continue to Rely on Fleet

January 20, 2010 in Fleet Acquisition

Chrysler Group's chief executive says fleet customers such as rental car companies are “the anchor on which I can rebuild,” and adds the turnaround might take another two years.

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