News/Media Release
Staff
Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.
Staff
Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.
EV buyers took advantage of the final federal tax credit days, while average prices edged up for new EVs and continued to decline for used models.
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But sales remain strong, up 7% compared to the previous year, as the used market offers a better value for consumers avoiding pricier new cars.
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Average transaction prices broke the $50,000 barrier, driven by wealthier buyers and higher-end vehicles.
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But most OEMs record low-volume sales, which means EV profitability remains a distant dream for nearly every automaker.
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Wholesale values remain elevated against normal depreciation trends, even with declines in September, and right as tax incentives on EVs end.
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The load intake platform automates manual tasks for vehicle shippers.
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Consumers are buying up electric vehicles ahead of the Inflation Reduction Act’s tax credit expiration amid strong demand and tight inventory.
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Fleet Services has more than doubled in size with 1,500+ technicians nationwide, and FleetNet America has had record-breaking volume at 2.5 million calls.
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The used market especially benefits from consumers seeking more affordable alternatives than those offered in the new car segment.
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The refocused subsidiary now applies technologies to improve inspections for OEMs, dealers, rental car companies, fleet operators
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