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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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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