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.
The automaker's new program will use a camera-based, high-speed system from UVeye to check tires, a vehicle underbody, and exteriors.
The critical role handles multiple core tasks, including website, technology, and communications oversight.
Available vehicle inventory inched higher, edging closer to normal. Key stats: 2.38 million unsold vehicles, 51 days' supply, 69,737 average mileage.
As was the case in each of the last prior months, much of the reported increase was a result of the seasonal adjustment.
Despite squeezed supply, the used-vehicle market has been playing a key role in the recovery of the automotive industry.
Demand is strong and expected to break records in 2022 because CPO fits an important sweet spot in the vehicle market.
Available inventory is still down 62% behind the same period in 2020. The days' supply as of December remained 48% below Dec. 2020.
December 2021 numbers show the accumulating effects of supply chain shortages, price inflation, and static media incomes.
Despite the interest in EVs, cost remains a critical barrier for fleet managers, particularly the larger upfront costs known to deter EV adoption.
The Cox Automotive Insights team looks at key industry trends ahead that overall point to a healthy year.
The average price paid for a new non-luxury vehicle in December 2021 was $43,072, slightly down from the record high set in November but still $900+ over sticker.
Combined sales into large rental, commercial, and government buyers were down 32% year over year in December and down 4% full-year 2021 versus 2020.
Manheim Forecast: Tax refunds and a supply-constrained market will likely lead to another round of price increases in the first half of 2022
Fleet sales year to date are also down 42% from the same time in 2019 when 2.8 million vehicles were sold.
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