The recent Fleet Forward Conference presented updates to the fleet, used vehicle, and electric vehicle supply and demand.
Read More →
Over the last two weeks, Manheim Market Report (MMR) prices declined an aggregate of 1.9%, which was more than the normal decline of 1% for the time of year.
Read More →
Wholesale used-vehicle prices decreased 2.3% in October from September and were down 4% from a year ago.
Read More →
Supply chains have stabilized while market headwinds from high interest rates and high prices are muting sales.
Read More →
October’s price decline is eerily similar to last October’s 2.2% drop, and this was not unexpected as the market remains balanced.
Read More →
While the UAW strike has slowed output at auto factories nationwide, the fallout has not fully hit consumers in dealer showrooms.
Read More →
Almost all major market segments saw seasonally adjusted prices that were again lower year over year in the first half of October.
Read More →
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.
Read More →
Since the labor actions started Sept. 15, the U.S. has ample inventory for now from the Detroit automakers that should keep steady supply through the end of the month. The all-important Ford F-150 had 97 days of supply at the start of October.
Read More →
During the last two weeks, Manheim Market Report (MMR) prices declined an aggregate of 0.3%, which was less than half of the normal decline for this time of year.
Read More →
