The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
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The total U.S. supply of available unsold new vehicles opened May at 51% above a year ago, but volume is still down 26% from 2019 levels.
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Wholesale flattens mid-month, while used retail vehicle sales rose slightly but are still down compared to last year.
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The share of new-vehicle sales from luxury brands drove up average transaction prices, when combined with fewer discounts and incentives, caused new vehicle affordability to fall.
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CAR 2024: An expert executive from JD Power shares the global firm’s latest analytics and insights on the used and new vehicle markets and the current and future state of electric vehicles.
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Commercial fleet sales were down more than 14% last month, tying its January decline and continuing a string of monthly losses.
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The Q1 2024 decline in electric vehicle sales was the first quarter-over-quarter downturn since Q2 2020.
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The I-15 charging infrastructure will be suited to all electric fleets, including light- to medium-duty vehicles.
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Year-to-date sales in commercial, rental, and government fleet sectors are scraping 600,000 vehicles sold.
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The company’s SmartHaul TMS platform allows dispatchers to send SMS and MMS messages seamlessly to any device or app drivers are using.
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The fleet maintenance provider joins the U.S. Army's PaYS program to offer former service members opportunities for future technician jobs.
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