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With record-high prices, low incentives, and a higher interest rate, the estimated typical monthly payment increased to a new record high at $687, which was up 20.7% year over year.
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A larger mix of SUVs and pickups helped drive up prices in November, but November was also the sixth straight month of sales volume declines.
Read More →Wholesale prices appear to have peaked the week before Thanksgiving as weekly prices have declined slightly in each of the last two weeks. But retail prices continue to increase.
Read More →IARA 20th Anniversary Issue: Industry observer, media figure, and conference host Charlie Vogelheim has circulated throughout the automotive world, qualifying him to sum up the legacy of the IARA.
Read More →Looking at automakers, year-over-year changes in fleet sales differed by manufacturer, ranging from a decline of 97% to an increase of 28%.
Read More →IARA 20th Anniversary Issue: Chairman and immediate past President Paul Seger and current President Jeff Bescher see positive signs of a more stable vehicle marketplace ahead.
Read More →The chair of the Association of Fleet Professionals (AFP), a UK-based organization representing the interests of fleet managers, believes fleets should skip plug-in hybrid models on fleet policies and focus on pure electric models.
Read More →Analysis: On one automotive marketplace that connects shippers and transporters, the carrier cost per mile increased nearly 18% from 2019 to 2021.
Read More →Manheim's leader looks back on an innovative year and updates the industry on company developments.
Read More →The average listing price of about $27,000 is running 25% above year-ago levels and 38% over pre-pandemic 2019 levels.
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