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Wholesale used vehicle prices increased 8.95% month over month in June, bringing the Manheim Used Vehicle Value Index to 149.3, a 6.3% increase from a year ago and a new record-high for the Index.
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Seasonally adjusted rates point to an inventory mix with more newer vehicles, which means fewer affordable options.
Read More →Fleet IoT Automation is designed to drive efficiencies via pre-built digital workflows for logistics, leasing, rental, and shared mobility, as well as corporate and government motorpool fleets.
Read More →This could be a sign that stop-sale/stop-use units are being repaired and creating less demand for loaner vehicles, says Manheim.
Read More →In January, all model classes showed month-over-month and year-over-year price gains — except full-size SUV/CUVs, according to ADESA. Overall, wholesale used vehicle prices were up 2.8% compared to December and up 6.7% year-over-year.
Read More →Ace Rental Cars, which operates in Australia and New Zealand, will continue to operate under its existing brand as an independent subsidiary.
Read More →At the 2018 L.A. Auto Show, Vulog announced it will be supporting Dashee, a shared rental service for 120 electric scooters in Miami.
Read More →OjO Electric Corp.’s electric rideshare scooter service will expand in Austin and Dallas. OjO plans to increase its fleet from 100 to 500 seated electric scooters in each city.
Read More →Donlen has embraced mobility as a service for some commercial fleets, and has set up an internal team to offer carsharing, ride-hailing, short-term vehicle rentals, and other products, the company's mobility leader told Automotive Fleet.
Read More →With the completion of this rollout, Enterprise’s customers now have the flexibility to complete their used car purchase either by starting their purchase from the comfort of home (with delivery, where available) or completing their purchase at any of Enterprise Car Sales’ 147 U.S. locations.
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