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Wholesale Prices Continue Record Highs in August

Wholesale Prices Continue Record Highs in August

Wholesale used vehicle prices increased 3.64% month over month in August, bringing the Manheim Used Vehicle Value Index to 163.7 a 15.8% increase from a year ago and another record-high for the Index, which also occurred in June and July of 2020.

September 9, 2020

Commercial Fleet Sales Fall 16.8% in August

Commercial Fleet Sales Fall 16.8% in August

Total fleet sales for the month — which is comprised of commercial, rental, and government sales — came in at 101,159, which represented a 51% drop from the same time last year.

September 9, 2020

Advanced Safety Systems Cost Twice as Much to Repair

Advanced Safety Systems Cost Twice as Much to Repair

Vehicles equipped with advanced driver assistance systems (ADAS) can add on average an extra $3,000 to the repair bill after a crash due to pricey sensors and their calibration requirements, according to new research from AAA.

October 25, 2018

Mobility Shift Will Come with Mass Autonomous Vehicle Adoption

Mobility Shift Will Come with Mass Autonomous Vehicle Adoption

Mass adoption of autonomous vehicles should begin ramping up in 2023 and will ultimately drive a shift in vehicle ownership from consumers to larger mobility service providers with large fleets of battery-electric, autonomous vehicles, according to a new study from Cox Automotive.

August 16, 2018

Top Vehicle Theft Hot Spots Named

Top Vehicle Theft Hot Spots Named

Albuquerque, N.M., recorded the highest rate of vehicle thefts in the U.S. in 2017 as vehicle thefts increased 4.1% across the nation, reports the National Insurance Crime Bureau. Each year, the bureau analyzes thefts reported to law enforcement and releases a top 10 list with its "Hot Spots" report.

July 13, 2018