
Rental Fleet Sales Skating Just Above 2025 Levels
The U.S. economy's continued growth and positive business investment are creating a favorable environment for fleet vehicle demand.
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The U.S. economy's continued growth and positive business investment are creating a favorable environment for fleet vehicle demand.
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In June, the new vehicle SAAR (seasonally adjusted annual rate) climbed to almost 17 million — with the help of higher sales into rental, according to Manheim Consulting.
Read More →New, three-hour “fleet jam session” includes a market overview from Ricky Beggs of Black Book, a blue-ribbon panel on fleet trends and roundtables with access to a team of fleet experts.
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After increasing for fourth consecutive months, wholesale used vehicle prices declined in May. But with the Manheim Used Vehicle Index at 124.7, this is still an increase of 4.7% from a year ago.
Read More →Although wholesale prices in May dropped 1.5% from their April spring-market/tax-season peak, they still remain above year-ago levels — up 5.4% from May 2013, according to the latest Kontos Kommentary from ADESA Chief Economist Tom Kontos.
Read More →Wholesale prices remained at high levels in April, reflecting scarcity in supply and abundance of demand, according to the latest Kontos Kommentary from ADESA Chief Economist Tom Kontos.
Read More →Avis Budget Group Inc. has announced that its consumer car sales program is now available in Massachusetts, Ohio and Tennessee.
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In April, wholesale used vehicle prices continued to increase for the fourth consecutive month. The Manheim Used Vehicle Index now stands at 124.9, an increase of 4.8% from a year ago.
Read More →The dynamics in today's market are eerily familiar to the resale value softness that occurred in the last decade. It appears that we are on the same trajectory, with off-lease volumes peaking in 2016.
Read More →Wholesale used vehicle prices for March were up 6% compared to February and up 4% relative to March 2013, according to ADESA Analytical Services' monthly analysis.
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Wholesale used vehicle prices continued to increase and rose 0.9% in March. The Manheim Used Vehicle Index now stands at 124.4, an increase of 3.3% from a year ago.
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