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The first year of accumulated metrics from AutoIMS consignors and auctions points to a continued supply chain squeezing vehicle prices and mileage higher.
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The unit encompasses four business solution areas: Fleet Services, Fleet Operations, EV Battery Solutions and Emerging Ventures.
Read More →Available vehicle inventory inched higher, edging closer to normal. Key stats: 2.38 million unsold vehicles, 51 days' supply, 69,737 average mileage.
Read More →As was the case in each of the last prior months, much of the reported increase was a result of the seasonal adjustment.
Read More →Available inventory is still down 62% behind the same period in 2020. The days' supply as of December remained 48% below Dec. 2020.
Read More →December 2021 numbers show the accumulating effects of supply chain shortages, price inflation, and static media incomes.
Read More →Analysis: A big drop of 20% to 30%, as one report suggests, is highly unlikely. History tells us a decline of more than 10% is rare indeed.
Read More →The average price paid for a new non-luxury vehicle in December 2021 was $43,072, slightly down from the record high set in November but still $900+ over sticker.
Read More →Fleet sales year to date are also down 42% from the same time in 2019 when 2.8 million vehicles were sold.
Read More →The automotive parts shortage that the industry is experiencing today goes far beyond just the shortage of microchips. Today, there is a wide cross-section of automotive parts that are in short supply varying by type of part and make and model of vehicle.
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