News
Commercial Fleet Sales Contribute To June, YTD Gains
The fleet sector has boosted its vehicle purchases at a reliable pace in the first half of this year compared with 1H 2025.
Read More →The fleet sector has boosted its vehicle purchases at a reliable pace in the first half of this year compared with 1H 2025.
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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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The industry's first EV-specific valuation algorithm includes proprietary analytics from 100 million real-world EV battery data points.
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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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Tesla price cuts that shook up the market and challenged the profitability picture for all automakers.
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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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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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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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The end-of-year tallies show a healthy 28% annual increase across commercial, rental, and government fleet sectors.
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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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Sales incentives were up 136% year over year in November, indicating the new-vehicle market is shifting to a buyer’s market, not a seller’s market.
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