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.
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Editorial
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.
Key reasons: Prices paid moved higher, incentives declined, and estimated median incomes fell.
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The pilot program underway at two sites to expand capabilities will provide more vehicle data to clients.
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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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Digital transactions have grown tremendously at XLerate over the last five years, and digital is a key component of its omnichannel, go-to-market strategy.
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New analysis finds businesses and governments can grow used electric vehicles market by 40% in 2030 by transforming fleets.
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The Manheim Used Vehicle Value Index hit a record high of 203, and likely won't reach into the 200s again for several years.
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Cox Automotive Analysis: Fleet sales are still stuck in first gear, estimated to have increased by only 5% year over year but remain down by more than 40% from 2019.
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Fleet sales decreased month over month but rose steeply year over year. Sales into rental rocketed 531% year over year.
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Guaranteed cash-back money that any buyer qualifies for and is often the fodder of headline advertising has all but dried up.
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Cox Automotive Commentary: The third quarter will be the industry’s toughest in 2021, and our analysts are forecasting second-half sales to finish below first half.
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