News
Used EVs Strengthen Overall Electric Vehicle Market
The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
Read More →The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
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April figures show an electric vehicle market facing several challenges that reflect broader economic trends.
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Moving electric vehicles through consignor and auction channels requires a better understanding of their unique attributes and potential.
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Data indicates tariffs may raise costs for some vehicle models, but automakers remain uncertain how the added expense could inflate consumer pricing.
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New-vehicle affordability declined in April to the worst level yet this year as the bite of higher prices and lower incentives reversed an improving trend.
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Ever since President Trump announced auto tariffs 47 days ago, the cost of new cars has been steadily climbing.
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In the first month after the U.S. levied steep tariffs on the automotive sector, the rental car sector got all the gains.
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Although fewer EVs this year beat gas cars on total cost, most still win on fuel, maintenance, and emissions reductions.
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Commentary/Analysis: The Democratic Party has challenged the industry by pushing an aggressive green agenda while the Trump administration is now forcing tariffs – a one-two punch the industry hardly deserves.
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The new approaches include enhanced password requirements, mandatory two-factor authentication (2FA), and proprietary fraud detection tools.
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As April opened, the total supply of new vehicles on dealer lots across the U.S. was down 10%+ and counting with days' supply down to 10.
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