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Sales into commercial fleets were up 37% and sales into government fleets were up 28% last month compared to August 2021.
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Only three of eight major market segments saw seasonally adjusted prices that were higher year over year in September. The full-year Manheim Used Vehicle Value Index forecast is expected to finish the year down nearly 14% YOY, up from the second quarter’s revised forecast of a 6% decline.
Read More →ALG forecasts gas prices to hit over $4 per gallon in three years, which will positively impact the used auction values of the mid-compact segment, but negatively impact the premium fullsize SUVs segment.
Read More →Wholesale used vehicle prices rose 0.8% in February while used vehicle sales declined 1.3%. The Manheim Used Vehicle Value Index now stands at 123.3, an increase of 1.1% from a year ago.
Read More →Overall sales are up in the quarter, including for fleets. However, headwinds are growing and inventory levels are moving back above the pre-pandemic normal, suggesting a slowing of demand.
Read More →A modest rise in rental car usage and an increase in fleet purchases kept the industry on a steady upward path at mid-decade.
Read More →ICRS 2025: How the industry manages market pressures and emerging trends will determine its pricing, profits, customer service — and future success.
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 →A local dealer can be a great source for spot buys — if you know how to manage the deal.
Read More →Frigid temperatures affect the chemical and physical reactions that make batteries work, resulting in longer charging times.
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