Used Vehicles Sales Up Slightly YOY in November
Despite constrained inventory, the used-vehicle market has been playing a key role in the automotive industry recovery.
Despite constrained inventory, the used-vehicle market has been playing a key role in the automotive industry recovery.
A larger mix of SUVs and pickups helped drive up prices in November, but November was also the sixth straight month of sales volume declines.
As brokers transport more vehicles longer distances, new integration with BATS CRM will make it easier for clients to post and track loads.
Billed as the first of its kind, enterprise IoT innovation delivered by CoreKinect and Comcast’s MachineQ will help customers and employees locate vehicles faster at ADESA’s 70+ locations.
Wholesale prices appear to have peaked the week before Thanksgiving as weekly prices have declined slightly in each of the last two weeks. But retail prices continue to increase.
IARA 20th Anniversary Issue: Industry observer, media figure, and conference host Charlie Vogelheim has circulated throughout the automotive world, qualifying him to sum up the legacy of the IARA.
Looking at automakers, year-over-year changes in fleet sales differed by manufacturer, ranging from a decline of 97% to an increase of 28%.
IARA 20th Anniversary Issue: Chairman and immediate past President Paul Seger and current President Jeff Bescher see positive signs of a more stable vehicle marketplace ahead.
OPENLANE iQ provides data analytics and comprehensive technology solutions for more than 40 upstream brand marketplaces.
The chair of the Association of Fleet Professionals (AFP), a UK-based organization representing the interests of fleet managers, believes fleets should skip plug-in hybrid models on fleet policies and focus on pure electric models.
Analysis: On one automotive marketplace that connects shippers and transporters, the carrier cost per mile increased nearly 18% from 2019 to 2021.
Manheim's leader looks back on an innovative year and updates the industry on company developments.
The average listing price of about $27,000 is running 25% above year-ago levels and 38% over pre-pandemic 2019 levels.
New-vehicle inventory levels are still 63% lower than a year ago while the average transaction price hit another record.
Meanwhile, used supply normalizes, rental risk pricing declines, and auto loan performance deteriorates.
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