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Fleetby Martin RomjueNovember 2, 2023

October Fleet Sales Decline as YTD Momentum Steadies

The latest collective figures from the Detroit Big 3 and the Asian Big 6 show a dip in October but sales are still up by a third for the first 10 months of 2023.

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Associationsfrom News/Media ReleaseOctober 31, 2023

IARA Hires New Exec to Focus on Member Value

Lauren Baker worked in leadership and client roles with PHH and Element Fleet Management.

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Fleetfrom News/Media ReleaseOctober 30, 2023

U.S. Auto Sales Up in October Despite UAW Strike

While the UAW strike has slowed output at auto factories nationwide, the fallout has not fully hit consumers in dealer showrooms.

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Technologyfrom News/Media ReleaseOctober 27, 2023

Manheim Launches Three Fixed Imaging Tunnels at Pennsylvania Location

The enhanced rapid cameras spread across dealer check-in, commercial check-in, and post-reconditioning are designed to capture nearly 1,900 vehicles each day.

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Used Vehicle Valuesfrom News/Media ReleaseOctober 17, 2023

Wholesale Used Vehicle Prices, Consumer Confidence Dip

Almost all major market segments saw seasonally adjusted prices that were again lower year over year in the first half of October.

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Fleetfrom News/Media ReleaseOctober 12, 2023

EV Sales Hit Another Record as Tesla Sales Share Tumbles

Total 2023 EV sales will likely surpass the milestone one million mark next month as the electric vehicle market transforms due to more product and supply and downward pricing pressure.

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Auctionsby Martin RomjueOctober 9, 2023

Auction Academy Graduates Its Largest, Most Certified Class

The recent biannual ceremony celebrated 30 students who spent two years immersed in a rigorous professional development program.

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Used Vehicle Valuesfrom News/Media ReleaseOctober 9, 2023

Used Vehicle Supply Tightens as October Starts

The overall used-vehicle inventory volume is still considered limited and has been stuck in the 2.2 million to 2.3 million range for the past four months.

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Used Vehicle Valuesfrom News/Media ReleaseOctober 6, 2023

Wholesale Used-Vehicle Prices Increase in September

September auction sales bolstered prices through the channel, but wholesale is at a crossroads, mainly from concerns about the UAW strike possibly slowing new retail sales and moving buyers into the used market.

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Used Vehicle Valuesfrom News/Media ReleaseOctober 6, 2023

Used Vehicle Values Showing Balance After Steep Declines in Q2

The fourth quarter should bring stable pricing among buyers and sellers, which should reflect only modest changes between now and the end of the year.

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