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Newsby StaffJanuary 16, 2022

New Vehicle Affordability Hits Record Low

December 2021 numbers show the accumulating effects of supply chain shortages, price inflation, and static media incomes.

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Newsby StaffJanuary 16, 2022

Spring Free EV, Cox Automotive Team Up to Supply Affordable Fleet EVs

Despite the interest in EVs, cost remains a critical barrier for fleet managers, particularly the larger upfront costs known to deter EV adoption.

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Newsby StaffJanuary 12, 2022

Luxury Segment Drives Record High New Vehicle Prices

The average price paid for a new non-luxury vehicle in December 2021 was $43,072, slightly down from the record high set in November but still $900+ over sticker.

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NewsJanuary 10, 2022

ALD Automotive and LeasePlan Merger to Go Ahead for €4.9 Billion

The new company will be known as NewALD and will give the business extensive global reach with a total of 3.5 million vehicles under fleet management.

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Newsby StaffJanuary 7, 2022

Fleet Sales Improve Slightly in December, End Year Down 4%

Fleet sales year to date are also down 42% from the same time in 2019 when 2.8 million vehicles were sold.

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Newsby StaffDecember 16, 2021

New-Vehicle Affordability Worsens Again in November

With record-high prices, low incentives, and a higher interest rate, the estimated typical monthly payment increased to a new record high at $687, which was up 20.7% year over year.

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Newsby StaffDecember 11, 2021

New Vehicle Prices Hit Record Eight Months in a Row

A larger mix of SUVs and pickups helped drive up prices in November, but November was also the sixth straight month of sales volume declines.

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Newsby StaffDecember 6, 2021

November Fleet Sales Increase Slightly

Looking at automakers, year-over-year changes in fleet sales differed by manufacturer, ranging from a decline of 97% to an increase of 28%.

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Articlesby Jordan WiklundDecember 1, 2021

Taking Advantage of International Fleet Opportunities

Today’s international market conditions are not so different than they were 20 years ago and there are opportunities to be had (but no one said it was easy).

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Newsby StaffNovember 22, 2021

One-Fourth of All 3Q Car Buyers Considered EVs or Hybrids

It is the highest level of interest in electrified vehicles that the Kelley Blue Book Brand Watch report has ever measured. Electrified vehicles sales soar 60%.

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