Nationwide’s survey shows 53% of drivers regularly take work-related calls while driving, whereas 1 in 4 respond to work texts or emails on the road, prompting hands-free safety policies and training.
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NVLA presented awards to four leaders whose vision, service, and innovation continue to shape the future of the vehicle leasing industry.
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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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With over 70 models available, competition in the EV market is fierce. The new EV price premium over ICE+ vehicles increased to $12,229, the highest in two years.
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Meanwhile, off-rental units spike commercial vehicle sales by 40% year-over-year.
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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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The online auction platform surpasses $15 million in used EV volume sold as the market faces an influx of off-lease vehicles.
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The tariff announcements have spurred activity that suggests the wholesale market will see a sizeable increase in the Manheim Index in April.
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Commentary/Analysis: Look for likely higher prices across the broader economy, with the auto market heading into uncharted territory — a rough road indeed.
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