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Overall engagement with the International Automotive Remarketers Alliance has risen across the board in the final stretch before its annual conference.
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Consumers have paid more than MSRP for each of the last 10 months, whereas one year ago, non-luxury vehicles were selling for more than $1,300 under MSRP.
Read More →The average price paid for a new vehicle in the U.S. last month was the second-highest on record, behind only December 2021, when average transaction prices reached $47,202.
Read More →ICRS 2024: Bookings, rates, sales, upselling, technology, and smart fleet management all can widen the revenue stream when done right.
Read More →Tight new-vehicle supply puts upward pressure on new-vehicle transaction prices. Affordability hits 10-year low in July.
Read More →The electric crossover and SUV revolution is here, and from old/new entries like the Chevrolet Bolt EUV to the all-new Mercedes-Benz EQB, the crossovers are poised to add speed, panache, and even some towing capacity to America’s roads.
Read More →Vision Fleet, a Los Angeles-based company that manages the largest deployment of electric vehicles in a public fleet in the U.S., has launched Evercar — a service for on-demand drivers who work for companies such as Uber, Lyft, Instacart, and Postmates.
Read More →On their fourth quarter and full-year 2010 earnings calls, the three public car rental companies look into the crystal ball on prepaid rentals, franchising, new remarketing channels, potential mergers and growth opportunities.
Read More →With sales slightly stronger than expected, tight supply, and prices at about 6% below last year, these factors are expected to prevent any substantial decline in wholesale prices through year-end.
Read More →Cox Automotive has established a new mobility services unit that combines existing businesses, such as its Flexdrive subscription service, with its acquisition of Clutch Technologies' subscription software platform to deliver fleet management solutions for mobility fleets, the company has announced.
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