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Sales conversion continued to rise and held at much higher levels than prior years for the month as more buyers came to markets to replenish supply for used retail inventory.
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Figures show a continued slowdown in total commercial, rental, and government vehicle sales as year-to-date sales dip below last year.
Read More →Sales of rental car fleets plummeted last month, sending the year-to-date total to a break-even point.
Read More →Increases in rental and government fleet sales offset another decline in commercial fleet sales.
Read More →Fleet/lease sales are one factor spurring the volume, with 5-year-and-below vehicle sales up 32% so far this year.
Read More →Commercial fleet sales were down more than 14% last month, tying its January decline and continuing a string of monthly losses.
Read More →Year-to-date sales in commercial, rental, and government fleet sectors are scraping 600,000 vehicles sold.
Read More →The latest numbers more activity in the lanes at Manheim in the second half of the month and finished the last week of February with some of the strongest weekly gains in wholesale prices for many years.
Read More →Rental fleet sales gain by a fifth compared to last year while commercial fleet sales dip by double digits.
Read More →Four years after COVID emerged, vehicle prices are easing down amid some supply kinks, electric vehicle uncertainty, rising operational costs, and AI potential.
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