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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Guaranteed cash-back money that any buyer qualifies for and is often the fodder of headline advertising has all but dried up.
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A Cox Automotive forecast predicts the recent sales frenzy will slow as inventory constraints are pulling the market back down to earth.
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Half of consumers indicated they were suddenly more interested in EVs and 36% were more likely to buy one in the future.
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Analysis: With the Ford Maverick officially rolling out June 8, the wider question is can the rebirth of the compact pickup truck take the industry by storm?
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Inventory was running 37% behind last year and 42% below 2019 as May, one of the highest sales volume months of the year, opened.
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Affordability remains worse than a year ago when prices were lower, incentives were higher and CARES Act payments boosted incomes.
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Sales of electrified vehicles grew notably in Q1, and analysts at Cox Automotive have said we are entering the EV Decade.
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Vehicle Transport simplifies complex logistics management, enables time and cost efficiency, and reduces risk automakers, dealers and fleets.
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Figures remain down 16% from year-ago level.
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Sales to fleet buyers were off notably last quarter – down 28% percent from Q1 2020 – but robust retail sales more than covered fleet’s shortfall and provided reason to believe new-vehicle sales have recovered from the pandemic meltdown.
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