Wholesale Used-Vehicle Prices Fall in First Half of April
This was the first time the Manheim Market Report index reading has been under 200 since March 2021, illustrating the outsized moves in the index over the last three years.
This was the first time the Manheim Market Report index reading has been under 200 since March 2021, illustrating the outsized moves in the index over the last three years.
The veteran leaders bring a combined 60 years of experience at Manheim and worked their way up through formative roles in auction operations.
The Automotive Remarketing Alliance recognized a disaster relief fund namesake for his charitable actions and the first-time recipient of a new industry honor, during the Conference of Automotive Remarketing.
The I-15 charging infrastructure will be suited to all electric fleets, including light- to medium-duty vehicles.
Year-to-date sales in commercial, rental, and government fleet sectors are scraping 600,000 vehicles sold.
By providing time-stamped photos for vehicle inspections, the vehicle inspection app helps rental car companies establish a complete inspection history for a vehicle.
The devices will capture electric vehicle battery health information and transmit that information to Manheim CRs and vehicle detail pages, where battery health information will be displayed on Manheim.com listings.
The company’s SmartHaul TMS platform allows dispatchers to send SMS and MMS messages seamlessly to any device or app drivers are using.
Prices in all vehicle market classes dive by double-digit teen percentages with electric vehicles down the most by 19% compared to March 2023.
Total days’ supply at the start of March fell to 44, compared with the revised 53 at the beginning of February, a 20% decline.
The fleet maintenance provider joins the U.S. Army's PaYS program to offer former service members opportunities for future technician jobs.
Domestic brands continue to have the highest inventory while Asian imports rank lowest.
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.
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