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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Rising interest rates and low consumer sentiment are keeping many potential buyers out of the market while higher gas and vehicle prices are decreasing affordability.
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Q2 sales of battery electric vehicles increased to 196,788, a record high and a 13% increase from last quarter.
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Although economic conditions are worsening, the lack of supply is still the greatest headwind facing the auto industry.
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The typical monthly payment hits a record of $712.
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As gas prices surged to record levels, inventory of imports, especially smaller, fuel-efficient models, including hybrids, was among the lowest in the industry at the end of May.
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Electric trucks are hitting the market as manufacturers struggle to keep up with consumer enthusiasm and demand, according to a Recurrent study.
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Kristin Slanina draws on a career of engineering, technical expertise, and electric vehicle racing to show what remarketers can expect from EVs in the years ahead.
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The average price paid for a new vehicle in the U.S. last month was the second-highest on record, behind only December 2021, when average transaction prices reached $47,202.
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Broken down, government fleets were up 5.9% YOY, commercial fleets down by 0.1%, and rental fleet volume down 33% from last May.
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Electric vehicles and hybrids are becoming a coveted commodity as consumers turn practical about operating costs.
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