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Articles•by Martin Romjue•February 1, 2024

Remarketing Trends 2024: Moving Toward Normal but Not to 2019

Four years after COVID emerged, vehicle prices are easing down amid some supply kinks, electric vehicle uncertainty, rising operational costs, and AI potential.

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Articles•January 31, 2024

2024 Automotive Logistics Market Outlook: Driving Towards Normalcy

The carrier market is ready for a transformative year in 2024 based on the industry's resilience, shifting dynamics, and early indicators of improvement.

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News•by News/Media Release•January 23, 2024

Black Book, Recurrent Enhance EV Values with Deeper Battery Insights

The industry's first EV-specific valuation algorithm includes proprietary analytics from 100 million real-world EV battery data points.

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News•by News/Media Release•January 22, 2024

New Commercial Vehicle Prices Rose 6.5% in 2023

Work Truck Solutions' annual review of 2023 data shows that while commercial vehicle inventory levels outpaced growth in 2023, work trucks and vans carried higher price tags - signaling that demand is still strong.

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News•by News/Media Release•January 12, 2024

EV Prices End Year Down 18% Since January 2023

Tesla price cuts that shook up the market and challenged the profitability picture for all automakers.

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News•by Martin Romjue•January 11, 2024

Hertz to Replace One-Third of EV Fleet with ICE Vehicles

In another high profile indicator of consumer EV skepticism, the auto rental giant will sell off the EVs to avoid further financial losses.

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News•by News/Media Release•January 10, 2024

Record 1.2 Million EVs Sold in U.S. Last Year

While sales reached all-time highs, the oft-reported slowdown in the pace of growth is real as electric vehicles still remain too expensive for many average car buyers.

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Articles•by News/Media Release•January 4, 2024

Auto Market Forecast for 2024: The Old Normal

Cox Automotive welcomes a return to normalcy after four years of everything but normal, with nothing in the data suggesting vehicle market surges in any direction.

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News•by Martin Romjue•January 3, 2024

2023 Fleet Vehicle Sales Soar Past 2 Million Mark

The end-of-year tallies show a healthy 28% annual increase across commercial, rental, and government fleet sectors.

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News•by News/Media Release•December 15, 2023

New-Vehicle Inventory Surpasses 2.5 Million, 71 Days’ Supply

The total U.S. supply of available unsold new vehicles in November climbed 57%, or 925,000 units, from the same time a year ago.

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