
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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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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New analysis finds businesses and governments can grow used electric vehicles market by 40% in 2030 by transforming fleets.
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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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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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Fleet sales decreased month over month but rose steeply year over year. Sales into rental rocketed 531% year over year.
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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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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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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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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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