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August figures show sales into rental increased 118% year over year in August and are up 7% compared to the same time period last year.
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The third-party battery health diagnostic tool will strive to become the industry standard to assess the condition and value of EV batteries.
Read More →The decrease in U.S. auto sales is due to historically low new-vehicle inventory levels, which are over 50% lower than they were a year ago.
Read More →High prices and relatively tight inventory keep more buyers at bay.
Read More →Near-record low new-vehicle inventory and record-high prices will keep certified pre-owned units as very attractive alternatives.
Read More →As August opened, inventories were running 53% below 2020 levels and 68% below 2019 levels.
Read More →Large rental, commercial, and government purchases of new vehicles increased 6% compared to this time in 2020, but decreased by 40% from the same time in 2019.
Read More →The Bolt EV saw a 335% sales increase in July to its highest volume ever in a second quarter at 10,857 units.
Read More →The digital platform enables consumers to transact 100% online.
Read More →Chip shortages and surging demand are squeezing used vehicle sales while inflating prices.
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