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Fleetby StaffJuly 14, 2021

New Vehicle Supply Slumps to Record Low

Market watchers had been expecting this slowdown to come earlier in the summer, but deals could still be made. Now there just isn’t enough product available.

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Auctionsby StaffJuly 13, 2021

XLerate Group Acquires Liquid Motors

Digital transactions have grown tremendously at XLerate over the last five years, and digital is a key component of its omnichannel, go-to-market strategy.

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Fleetby StaffJuly 13, 2021

Study: Fleets Can Electrify Faster Than Assumed

New analysis finds businesses and governments can grow used electric vehicles market by 40% in 2030 by transforming fleets.

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Used Vehicle Valuesby StaffJuly 12, 2021

Wholesale Used Vehicle Prices Peaked in June

The Manheim Used Vehicle Value Index hit a record high of 203, and likely won't reach into the 200s again for several years.

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Fleetby StaffJuly 12, 2021

10 Takeaways from 2Q U.S. Auto Sales

Cox Automotive Analysis: Fleet sales are still stuck in first gear, estimated to have increased by only 5% year over year but remain down by more than 40% from 2019.

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Fleetby StaffJuly 7, 2021

First-Half Fleet Sales Push Over 2020 Level as Rental Sales Surge

Fleet sales decreased month over month but rose steeply year over year. Sales into rental rocketed 531% year over year.

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Fleetby StaffJuly 2, 2021

Don't Look for Vehicle Incentives This 4th of July Weekend

Guaranteed cash-back money that any buyer qualifies for and is often the fodder of headline advertising has all but dried up.

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Used Vehicle Valuesby StaffJuly 1, 2021

Plenty of Vehicle Demand, Not Enough Inventory

Cox Automotive Commentary: The third quarter will be the industry’s toughest in 2021, and our analysts are forecasting second-half sales to finish below first half.

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Auctionsby StaffJune 30, 2021

Manheim Express Users Create Over One Million 3D Images

As more auto dealers try to save time and increase margins through digital wholesale transactions, Fyusion Technology is providing imaging for a more transparent, lower risk buying experience.

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Fleetby StaffJune 29, 2021

Tight Supply, High Prices Slow New-Vehicle Sales

A Cox Automotive forecast predicts the recent sales frenzy will slow as inventory constraints are pulling the market back down to earth.

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