MENU
SEARCHIn its February Market Index report, Openlane reports that car prices decreased in January but remained above January 2010 levels. Minivan prices and interest spike.
Results from the latest edition of the OPENLANE Market Index report show that U.S. auction prices decreased 5 percentage points in January compared to December 2010 prices, but ended 4 percentage points above levels one year ago in January 2010.
Highlights from the February Market Index report include:
Car prices decreased 7 points in January, but remained above January 2010 levels
Minivan prices increased, up 5 points from December
SUV and Truck prices both dropped in January, down 3 percentage points and 4 percentage points, respectively
Interest in Cars and Minivans increased, with Car interest rising 7 points and Minivan interest spiking to exceed January 2010 levels by 11 points
SUV interest was slightly down last month and Truck interest remained flat
For more details on the highlights above, click here to view Market Index Report in its entirety.
LOR overall continues to trend downward, but ongoing market and economic conditions could affect future results while the industry deals with staffing and productivity challenges.
Read More →
The business arrangement connects demand with scalable fleet management services and supports a range of mobility uses.
Read More →
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
The global franchise operation reaches a first in its rental fleet portfolio with new service in Uzbekistan.
Read More →
West Coast disasters pose unique challenges and liabilities for rental fleet operators, who are advised to take steps tailored to their specific situations.
Read More →
Angry car renters are storming social media, the mainstream media, and online ratings platforms to complain about charges they claim are either unfounded or excessive.
Read More →
A Carwiz partner in Puerto Rico is taking on the Panama franchise with operations in the nation's largest airport.
Read More →
The integrated business model combines each operator’s local expertise with international standards to boost sales.
Read More →
The study looks at customer analytics to size up performance in car rentals, rideshare, airlines, lodging, and OTAs.
Read More →
