
Combined sales of the three primary fleet sectors were up 16.5% last month compared to October 2023.
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But used EV sales demonstrated slower, steady growth, remaining a small part of the market.
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Despite a flattening curve due to fewer off-lease vehicles coming into channels, commercial sales rank highest in volume increases since 2023.
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The Conference of Automotive Remarketing is accepting proposals for its content as it opens the Call for Papers period.
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October typically brings the highest monthly depreciation rates for non-seasonally adjusted values of the year.
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The decreases appear in a market where days' supply and listing prices are rising.
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Electric vehicle sales also mark another record in Q3, thanks to higher incentives and more choices.
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The marketplace exclusively lists thousands of front-line-ready vehicles from fleet providers affiliated with J.D. Power, as well as inventory from dealerships, leasing, and car rental companies.
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All major vehicle market segments experienced seasonally adjusted prices that were down year over year in September, although declines in recent months have slowed.
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The scholarship will cover the tuition cost for a two-year program student at Auction Academy, a continuing education resource and credential for remarketing professionals.
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