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Combined sales into large rental, commercial, and government buyers were down 36% year over year in January. Sales into rental declined 61% YOY, sales into commercial increased 4% YOY, and sales into government declined 23%.
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Wholesale used-vehicle prices increased 3.74% in the first 15 days of March compared to the previous month.
Read More →Wholesale used vehicle prices increased 0.07% month over month in November, bringing the Manheim Used Vehicle Value Index to 162 a 16.6% increase from a year ago.
Read More →The latest trends in the key indicators suggest used vehicle values are likely to continue to see appreciation in the days and weeks ahead.
Read More →Combined sales into large rental, commercial and government buyers were up over 4% year over year in April.
Read More →The latest trends in the key indicators suggest wholesale used-vehicle values will likely see further declines in the second half of the month.
Read More →Rebates and incentives on new vehicles usually speed up the depreciation on those models.
Read More →Electric hybrid vehicles will be equipped with Zipcar's FastFleet proprietary fleet sharing technology to improve efficiency and sustainability efforts without compromising employee mobility throughout Houston, according to Zipcar.
Read More →Despite constrained inventory, the used-vehicle market has been playing a key role in the automotive industry recovery.
Read More →Inventory has improved since last summer’s supply drought, but availability remains well below pre-COVID levels.
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