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Clients who rely on MMR can now benefit from even more precise vehicle values that account for high-value options like heated seats, adaptive cruise control, and more.
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The Manheim Market Report values saw above-average declines that were relatively consistent, with values declining almost 4% in the last four weeks.
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With production levels returning to normal and retail demand only modestly improved, sales to fleet channels have increased dramatically.
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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.
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According to data from Kelley Blue Book, the average transaction price (ATP) for a new vehicle surpassed the $48,000 mark in June, the highest ATP on record.
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Cox Automotive presented the 17th annual Barbara Cox Woman of the Year Award to Enterprise Holdings CEO Chrissy Taylor.
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The unified brand brings together a more complete array of services for light, medium and heavy-duty trucks and trailers.
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The unit encompasses four business solution areas: Fleet Services, Fleet Operations, EV Battery Solutions and Emerging Ventures.
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The collaboration promotes safe deployment of second-life use for Xos battery packs nearing end-of-life.
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August figures show sales into rental increased 118% year over year in August and are up 7% compared to the same time period last year.
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