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Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.
While inventory is up from 2022 levels, it remains low by historical standards. Meanwhile, the estimated typical monthly payment for a new vehicle declined to $754 from the peak of $791 in Dec. 2022.
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Prices usually decline in the first two weeks of April, but in each of the last two years prices increased substantially during these same weeks, the Manheim Index shows.
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After closing out 2022 with the longest-running, sharpest decline over a single year, wholesale used vehicle prices have risen in 2023.
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The movement of new vehicles into fleet increases at a consecutive monthly pace with supply freeing up after several years of constraints, according to Bobit fleet data.
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Ford's recent confirmation that Transit Connect sales will stop in North America follows a trend of automakers ending sales of their small vans.
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Hallett served in an active 25-year career with KAR Global but he will still keep his seat on the company's board of directors.
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Priceless Car Rental is now available in the tourist destinations of Cancun, Merida, and Tulum.
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The global operator opens its newest European location, serving Podgorica and Tivat and local airports in the country.
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Starting April 1, Sixt will have a rental car branch at Ronald Reagan Washington National Airport in the nation's capitol.
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Under the partnership, Skyscanner has integrated Liigu into its online travel booking system and offers contactless and keyless car rentals to travelers.
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