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Surprice Opens Two Rental Branches In Japan
The launch highlights the global car rental operation’s growing presence in Asia.
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SEARCHMENUSEARCHThe launch highlights the global car rental operation’s growing presence in Asia.
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The last several months have closely followed 2019 levels, the last normal year, which means dealers are balancing their inventory to the sales rate and keeping days’ supply steady even as total supply improves.
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While inventory is up substantially compared to 2021 and 2022 levels, it remains low by historical standards.
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The Manheim Market Report values saw above-average declines that were relatively consistent, with values declining almost 4% in the last four weeks.
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With production levels returning to normal and retail demand only modestly improved, sales to fleet channels have increased dramatically.
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The International Automotive Remarketers Alliance has lined up speakers and sessions for its annual Summer Roundtable, ready to take on the most pressing issues and challenges facing the industry.
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CAR 2023: Two experts share the latest insights and observations on how digital processes and data are revamping the resale of used vehicles.
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After 25+ years in Las Vegas, the Conference of Automotive Remarketing hits the road for 2024, landing at a resort in Phoenix, Arizona.
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Days' supply increased due to a slight weakening in sales toward month-end. Despite a decline in the average listing price, it remained above $47,000.
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Next Inspect helps automakers, captive lenders, and fleet owners capture more accurate vehicle conditions to inform buying decisions.
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Association of Fleet Professionals' board chair says the most popular fleet EVs have seen residual value reductions of 10-20% in the past 12 months.
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