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Athene is the lead investor in the new mega company, consolidating two of the most well-known fleet companies in the world.
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For the second month in a row, average transaction prices undercut manufacturer's suggested retail prices, reversing a prior 20-month trend.
Read More →Analysis: An increase in one-off moves, overall wholesale industry growth, and OEM production increases are driving prices higher versus pre-pandemic levels.
Read More →After declining in October, wholesale used vehicle prices slightly increased in November. The Manheim Used Vehicle Index now stands at 122.4, a decline of 0.2% from its year-ago level.
Read More →The Ultimate Test Drive program gives customers the opportunity to test drive Avis and Budget rental vehicles at no charge for two hours prior to making a decision to purchase the vehicle.
Read More →Although airport rates continued to decline in December, Hertz Global Holdings’ recent announcement to increase U.S. retail prices for all Hertz, Dollar and Thrifty car rentals after Jan. 1 appears to have boosted rates this past week.
Read More →After seeing a peak in July 2014, every month's rates since then have been down, according to The Tennant Group and Rate-Highway's 50-City rate survey. The average decrease from August 2014 to April 2015 was $2.92; April's $3.19 decrease was a continuation of this trend.
Read More →Similar to September, prices for trucks pushed up average prices in general during October. Average wholesale used vehicle prices were up 5.2% year-over-year and down 0.6% month-over-month, according to ADESA.
Read More →Kontos said that prices may have shown even more Thanksgiving holiday softening if it weren’t for the strong retail demand and somewhat diminished supply in the Northeast following Superstorm Sandy.
Read More →In the city that was the epicenter for the coronavirus pandemic, auto sales are expected to rebound to year-over-year parity by the end of April, the Reuters report states.
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