Electric trucks are hitting the market as manufacturers struggle to keep up with consumer enthusiasm and demand, according to a Recurrent study.
May’s CPO sales result is the lowest since February, also down over 22% from May 2021.
The city's previous contractor argues it was not made aware of a new contract DCAS was working on for 10 months. It also argues the new contract will cost the city $6 million more.
An iSeeCars study found that purple- and red-colored cars hold their value the best in the sedan segment. But would you acquire them for fleet?
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.
Anthony Jasiak has worked at operations in New Jersey and South Carolina during the last 25 years.
All major market segments saw seasonally adjusted prices that were higher year over year in May, except for pickups.
Broken down, government fleets were up 5.9% YOY, commercial fleets down by 0.1%, and rental fleet volume down 33% from last May.
The acquisition supports the launch of the EBlock platform in the U.S. Southeast market.
The 16 auction operations take on the name of America's Auto Auction, which XLerate bought in January.
Electric vehicles and hybrids are becoming a coveted commodity as consumers turn practical about operating costs.
Its auction segment began in 2019 and has led the two segments with triple-digit growth for three years .
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