News
Acertus Acquires Fisher Shipping, CEO to Join Acertus
Fisher Shipping will retain its brand and team, while its customers gain access to Acertus’ transportation, storage, vehicle care, and title and registration services.
Read More →Fisher Shipping will retain its brand and team, while its customers gain access to Acertus’ transportation, storage, vehicle care, and title and registration services.
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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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Bobit releases the latest aggregate numbers for specific fleet sectors as total sales look to close out 2023 well ahead of last year.
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Market Snapshot: Who are EV buyers, what EV models are they purchasing, and where’s all the selling action?
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The recent Fleet Forward Conference presented updates to the fleet, used vehicle, and electric vehicle supply and demand.
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Analysis: Slowing EV adoption, an expensive UAW labor contract, and higher consumer interest rates will diminish the profits and gains of recent years.
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Culminating in over 45 days on the picket line, members at each of the Detroit Three have approved new contracts in favor of the UAW.
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Supply chains have stabilized while market headwinds from high interest rates and high prices are muting sales.
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October’s price decline is eerily similar to last October’s 2.2% drop, and this was not unexpected as the market remains balanced.
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The latest collective figures from the Detroit Big 3 and the Asian Big 6 show a dip in October but sales are still up by a third for the first 10 months of 2023.
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While the UAW strike has slowed output at auto factories nationwide, the fallout has not fully hit consumers in dealer showrooms.
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