
Used EVs Strengthen Overall Electric Vehicle Market
The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
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The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
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Rental fleet sales showed the most positive trends last month compared to vehicles sales into commercial and government fleets.
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EV sales may experience some tailwinds, leading to robust activity through the end of the year.
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Ford’s F-Series trucks and Transit vans take center stage in the 2025 Vincentric CPO Awards, securing top accolades for their exceptional value and low ownership costs.
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The average transaction price for new EVs has slightly decreased and used EV prices are nearing parity with those of traditional vehicles.
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As the number of new vehicles increases and incentives rise, the auto industry is seeing the highest days’ supply in two years.
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Combined sales of the three primary fleet sectors were up 16.5% last month compared to October 2023.
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While barriers remain to creating a national system, a new coalition is pushing for reforms as a new digital clearinghouse reduces the time to register and retitle vehicles from weeks to hours.
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But used EV sales demonstrated slower, steady growth, remaining a small part of the market.
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Despite a flattening curve due to fewer off-lease vehicles coming into channels, commercial sales rank highest in volume increases since 2023.
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Use these five strategies to motivate drivers to care for their vehicles. Have you thought about asking your drivers to submit photos of their vehicles once per year?
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