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New-vehicle inventory levels are still 63% lower than a year ago while the average transaction price hit another record.
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Meanwhile, used supply normalizes, rental risk pricing declines, and auto loan performance deteriorates.
Read More →All-new Purchases Page Brings greater speed, simplification and centralization to buying on ADESA.
Read More →With two months left in 2021, reaching the revised Cox Automotive CPO sales forecast of 2.7 million units – and possibly matching the 2.8 million record-setting 2019 level – remains within reach.
Read More →With the help of industry experts, Automotive Fleet takes a look at the current state of the used-vehicle market and what the near future may hold.
Read More →October figures show buyers are much more aggressive in purchasing than is typically the case in the fall. Combined sales into large rental, commercial, and government buyers were down 24% year-over-year in October.
Read More →But volume for rental, commercial, and government vehicle purchases is still well below levels seen in the pre-pandemic year of 2019.
Read More →Five companies were selected by Newlab and Ford to join them in the new Michigan Central facility to help revolutionize electrification and charging infrastructure — including fleet.
Read More →The Pipeline Market Report is the industry's first information tool driven solely by independent auction sale data, encompassing near real time results from 175+ partner operations.
Read More →Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer. This caused repair spend to increase in 2021.
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