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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New-vehicle sales for 2017 should reach 17.1 million, which would make 2017 the fourth-highest year on record and signals continuing robust health in the automotive industry, according to Kelley Blue Book.
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CAR's full agenda has been revealed, and its keynote speakers include ARI's COO, an Olympic gold medal winner, and Enterprise's senior VP of Fleet North America.
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As demand for vehicles continues to slow down at the end of 2017, the truck segment’s average wholesale value experienced its biggest decline of the year, according to Black Books Dec. 25 Market Insights report.
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The used vehicle market should grow about 1% in 2018 bolstered by a federal tax cut and influx of utility vehicles, while new vehicle sales are expected to remain flat, according to Cox Automotive's senior economist.
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Given the scope of Hurricanes Harvey and Irma, news about the natural disaster and the effect that it had on the used car market held several top spots on the list of top articles of the year.
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Looking toward the end of December, wholesale prices for vehicles up to 8 years old are expected to decline about 1%. Looking at the end of 2017 as a whole, used prices are expected to decline roughly 5.6%.
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ADESA has raised more than $1 million for Type 1 diabetes (T1D) research through a partnership with the Ford Global Action Team in support of JDRF, an organization with a mission to discover, develop, and deliver advances to cure, better treat, and prevent T1D.
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Digital vehicle remarketer Liquid Motors, Inc. has hired Keith Whetter as vice president of sales to work with the executive team to expand Liquid Motors customer base in the wholesale arena, the company has announced.
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As December progresses, average wholesale vehicle values continue to decline, with subcompact cars and subcompact crossovers leading the pack in their respective segments last week, according to Black Book’s Dec. 18 Market Insights report.
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Insurance Auto Auctions, Inc. (IAA) has relocated one Mississippi auction to a larger facility and expanded a second auction in the state, the salvage auction house has announced.
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