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Staff

Editorial

Our team of enterprising editors bring years of experience covering the fleet industry. We offer a deep understanding of trends and the ever-evolving landscapes we cover in fleet, trucking, and transportation.  

Newsby StaffJuly 27, 2021

Ford Supply Squeeze Raises Vehicle Prices in 2Q

High consumer demand and low inventories have allowed Ford to push average transaction prices to new highs.

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Newsby StaffJuly 22, 2021

Electrified Vehicles Now Fastest Growing Auto Segment in U.S.

Hybrids and plug-ins still dominate the electrified market, but with quarter-over-quarter sales up 201%, automakers are pointing to a future with more EVs.

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Newsby StaffJuly 22, 2021

Cox, Penske Debut Online Platform for Retailing Used Vehicles

The digital platform enables consumers to transact 100% online.

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Newsby StaffJuly 21, 2021

Wholesale Used Vehicle Prices Decline in First Half of July

The latest trends in key indicators suggest wholesale used vehicle values will continue to see depreciation in the days ahead.

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Newsby StaffJuly 21, 2021

Total Used-Vehicle Sales Down 12% YOY in June

Chip shortages and surging demand are squeezing used vehicle sales while inflating prices.

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Newsby StaffJuly 20, 2021

Average New Vehicle Prices Hit All-Time High

For the first time in a decade, vehicle buyers were essentially paying sticker price (MSRP) for new vehicles.

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Newsby StaffJuly 19, 2021

Manheim Enters Northwest Ohio with Addition of Manheim Montpelier

By expanding its nationwide local auction network, Manheim now hosts 49 sales per month nationwide with dealers averaging a 77% sales efficiency rate based on data.

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Newsby StaffJuly 18, 2021

New Vehicles Hit Record Low in Affordability

Key reasons: Prices paid moved higher, incentives declined, and estimated median incomes fell.

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Newsby StaffJuly 15, 2021

Manheim to Deploy LotVision Technology at 90% of Locations in Q3

The pilot program underway at two sites to expand capabilities will provide more vehicle data to clients.

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Newsby StaffJuly 14, 2021

New Vehicle Supply Slumps to Record Low

Market watchers had been expecting this slowdown to come earlier in the summer, but deals could still be made. Now there just isn’t enough product available.

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