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The total U.S. supply of available unsold new vehicles opened May at 51% above a year ago, but volume is still down 26% from 2019 levels.
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Wholesale flattens mid-month, while used retail vehicle sales rose slightly but are still down compared to last year.
Read More →The share of new-vehicle sales from luxury brands drove up average transaction prices, when combined with fewer discounts and incentives, caused new vehicle affordability to fall.
Read More →CAR 2024: Unlike a combustion engine, an EVs long-term value is maintained daily, based on the unique charging habits and battery management of its owner.
Read More →This seminar will provide insights on the forces driving today’s car rental market as well as fleet trends.
Read More →With new-vehicle inventory rising in the U.S., downward price pressure and higher incentives appear to be key drivers of the market’s momentum.
Read More →The latest numbers more activity in the lanes at Manheim in the second half of the month and finished the last week of February with some of the strongest weekly gains in wholesale prices for many years.
Read More →CAR 2024: What’s next for electric vehicle adoption? A closing keynote “candidate-style” debate will confront the harder realities setting in for mass electrification and whether it’s due for a course correction.
Read More →Throughout the last decade, connectivity and digitization have helped make a fleet manager’s role more efficient and effective. But what is the next logical step and what will it mean for businesses that depend on fleets?
Read More →Inventory levels reach the highest point since June 2020 while the number of buyers who can afford a new vehicle is the best since June 2021.
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