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.
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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The combined auction companies will have 39 locations across 19 states, making it a new powerhouse in the remarketing industry.
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The portal enhancements eliminate delays and downtime for customers who want instant, reliable access to transport and real-time updates on the status and location of their vehicles.
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During the first 15 days of December, the Manheim Used Vehicle Value Index hit 239.8, a 49% increase from December 2020.
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Available inventory edged slightly higher but remain below normal.
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At a time when middle-age and senior job seekers increasingly face workplace ageism, the auction operation shows an excellent record for hiring age 55+ employees.
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One of the biggest changes to come out of the second year of the COVID-19 pandemic is dealers directly wholesaling from their lots.
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With record-high prices, low incentives, and a higher interest rate, the estimated typical monthly payment increased to a new record high at $687, which was up 20.7% year over year.
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Despite constrained inventory, the used-vehicle market has been playing a key role in the automotive industry recovery.
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A larger mix of SUVs and pickups helped drive up prices in November, but November was also the sixth straight month of sales volume declines.
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