News
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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SEARCHMENUSEARCHThe U.S. economy's continued growth and positive business investment are creating a favorable environment for fleet vehicle demand.
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All large manufacturers showed gains in fleet over last year, with combined sales into large rental, commercial, and government fleets improving.
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Overall engagement with the International Automotive Remarketers Alliance has risen across the board in the final stretch before its annual conference.
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Analysis: An increase in one-off moves, overall wholesale industry growth, and OEM production increases are driving prices higher versus pre-pandemic levels.
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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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