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Categories: Electric, Electric Vehicles, Electrification, Fleet, Green Fleet
New Electrified Vehicle Sales Hit Record in Q4 2021

Sales of pure battery-electric vehicles jumped 72% to a record 147,799, the best quarter ever for EVs.

https://www.autorentalnews.com/10160319/new-electrified-vehicle-sales-hit-record-in-q4-2021
Categories: Alternative Fuels, Electric, Electric Vehicles, Electrification, Fuel Smarts, Green Fleet, Zero Emissions
Large Fleet Buyers Outline Their EV Wishlist for Manufacturers

A survey projects and details what electric cars and trucks major companies are seeking for their future transportation needs.

https://www.autorentalnews.com/10160043/large-fleet-buyers-release-ev-wishlist-for-manufacturers
Categories: Remarketing, Used Vehicle Values
Average Used Vehicle List Price Tops Record $28,000

Available vehicle inventory inched higher, edging closer to normal. Key stats: 2.38 million unsold vehicles, 51 days' supply, 69,737 average mileage.

https://www.autorentalnews.com/10160033/average-used-vehicle-list-price-tops-record-28-000
Categories: Green Fleet, vEvents
Fleet Forward Road Show Kicks Off in Atlanta

The Fleet Forward Road Show — regional, one-day events where fleets can experience electric vehicles and new technologies firsthand — will stop first in...

https://www.autorentalnews.com/10159957/fleet-forward-road-show-kicks-off-in-atlanta
Categories: Fleet, Remarketing
Wholesale Prices Rise Again In First Half of January 2022

As was the case in each of the last prior months, much of the reported increase was a result of the seasonal adjustment.

https://www.autorentalnews.com/10159925/wholesale-prices-rise-again-in-first-half-of-january-2022
Categories: Operations, Rental Operations
Spiffy Expands with Franchises in 5 New Cities

The mobile service company will be introduced in Albany, NY, Houston, Indianapolis, Oklahoma City, and Wilmington, NC.

https://www.autorentalnews.com/10159831/spiffy-expands-with-franchises-in-5-new-cities
Categories: Fleet, Remarketing
New Vehicle Supply Tops 1 Million as OEMs Ramp Up

Available inventory is still down 62% behind the same period in 2020. The days' supply as of December remained 48% below Dec. 2020.

https://www.autorentalnews.com/10159691/new-vehicle-supply-tops-one-million-as-oems-ramp-up
Categories: Fleet, Remarketing
New Vehicle Affordability Hits Record Low

December 2021 numbers show the accumulating effects of supply chain shortages, price inflation, and static media incomes.

https://www.autorentalnews.com/10159688/new-vehicle-afforability-hits-record-low
Categories: Electric, Electrification, Fleet, Green Fleet, Operations
Spring Free EV, Cox Automotive Team Up to Supply Affordable Fleet EVs

Despite the interest in EVs, cost remains a critical barrier for fleet managers, particularly the larger upfront costs known to deter EV adoption.

https://www.autorentalnews.com/10159686/spring-free-ev-cox-automotive-team-up-to-supply-affordable-fleet-evs
Categories: Electric, Electric Vehicles, Electrification, Equipment, Fleet Leasing, Fuel Smarts, Green Fleet, Technology, Vehicle OEM, Vehicle Research
The Juiced-up Electric Truck Market: 2022 & Beyond

There is something for everyone in the electric truck segment, from fleet-forward offerings such as the Ford F-150 Lightning and the newly announced...

https://www.autorentalnews.com/10159599/the-juiced-up-electric-truck-market-2022-beyond
Categories: Electric, Electric Vehicles, Electrification, Fleet Leasing, Global Fleet, Green Fleet, Technology, Vehicle Research
Crossing the Threshold—Electric Crossovers & SUVs: 2022 & Beyond

The electric crossover and SUV revolution is here, and from old/new entries like the Chevrolet Bolt EUV to the all-new Mercedes-Benz EQB, the crossovers are...

https://www.autorentalnews.com/10159530/crossing-the-thresholdelectric-crossovers-suvs-2022-beyond
Categories: Operations, Remarketing
10 Predictions for the 2022 U.S. Vehicle Market

The Cox Automotive Insights team looks at key industry trends ahead that overall point to a healthy year.

https://www.autorentalnews.com/10159426/10-predictions-for-the-2022-u-s-vehicle-market
Categories: Remarketing, Used Vehicle Values
Why Used Vehicle Values Will Not Crash

Analysis: A big drop of 20% to 30%, as one report suggests, is highly unlikely. History tells us a decline of more than 10% is rare indeed.

https://www.autorentalnews.com/10159297/why-used-vehicle-values-will-not-crash
Categories: Fleet, Remarketing
Luxury Segment Drives Record High New Vehicle Prices

The average price paid for a new non-luxury vehicle in December 2021 was $43,072, slightly down from the record high set in November but still $900+ over...

https://www.autorentalnews.com/10159293/luxury-segment-drives-record-high-new-vehicle-prices
Categories: Remarketing, Used Vehicle Values
Wholesale Prices Increased at Slowing Pace in December

Combined sales into large rental, commercial, and government buyers were down 32% year over year in December and down 4% full-year 2021 versus 2020.

https://www.autorentalnews.com/10159104/wholesale-prices-increased-at-slowing-pace-in-december
Categories: Remarketing, Used Vehicle Values
Growth in Used Vehicle Values Expected Through Spring 2022

Manheim Forecast: Tax refunds and a supply-constrained market will likely lead to another round of price increases in the first half of 2022

https://www.autorentalnews.com/10159060/growth-in-used-vehicle-values-expected-through-spring-2022
Categories: Fleet, Remarketing
Fleet Sales Improve Slightly in December, End Year Down 4%

Fleet sales year to date are also down 42% from the same time in 2019 when 2.8 million vehicles were sold.

https://www.autorentalnews.com/10159025/fleet-sales-improve-slightly-in-december-end-year-down-4
Categories: Electric, Electric Vehicles, Electrification, Green Fleet, Vehicle OEM, Vehicle Research
Chrysler Unveils EV Concept Vehicle at CES 2022

The Airflow sedan will lead Stellantis' plans to launch its first battery-electric vehicle (BEV) by 2025 and offer a full battery-electric portfolio by 2028.

https://www.autorentalnews.com/10158972/chrysler-unveils-airflow-concept-at-ces-2022
Categories: Auctions, Remarketing
XLerate Group Acquires America's Auto Auction

The combined auction companies will have 39 locations across 19 states, making it a new powerhouse in the remarketing industry.

https://www.autorentalnews.com/10158399/xlerate-group-acquires-americas-auto-auction
Categories: Operations, Remarketing
CarsArrive Network Launches Improved User Platform

The portal enhancements eliminate delays and downtime for customers who want instant, reliable access to transport and real-time updates on the status and...

https://www.autorentalnews.com/10158404/carsarrive-network-launches-improved-user-platform
Categories: Charging, Electric, Electrification, Fuel Smarts, Green Fleet
Charging Strategies Crucial to Deploying Electric Fleet Vehicles

Whether plugging in EVs at work, at home, or in public, a fleet operation must take the steps and do the research to determine the most efficient and...

https://www.autorentalnews.com/10158331/charging-strategies-crucial-to-deploying-electric-fleet-vehicles
Categories: Remarketing, Used Vehicle Values
Wholesale Used Vehicle Prices Rise This Month

During the first 15 days of December, the Manheim Used Vehicle Value Index hit 239.8, a 49% increase from December 2020.

https://www.autorentalnews.com/10158156/wholesale-used-vehicle-prices-rise-this-month
Categories: Electric, Electric Vehicles, Electrification, Green Fleet, Zero Emissions
Arrival Reveals Its First Electric Car

The Arrival Car joins Arrival’s Bus and Van, to provide cities with the multi-modal zero-emission transportation ecosystem that they require in order to...

https://www.autorentalnews.com/10158007/arrival-reveals-its-first-electric-car
Categories: Alternative Fuels, Charging, Electric, Electric Vehicles, Electrification, Green Fleet, Zero Emissions
Mastering the Details To Create Reliable EV Charging

Two experienced fleet managers walk through the long lists and many months of procedures needed to connect electric vehicles to the best power sources.

https://www.autorentalnews.com/10157964/the-high-voltage-details-that-lead-to-solid-reliable-ev-plug-ins
Categories: Remarketing, Used Vehicle Values
Average Used Vehicle Prices Climb Past $27,000

Available inventory edged slightly higher but remain below normal.

https://www.autorentalnews.com/10158154/average-used-vehicle-prices-climb-past-27-000
Categories: Auctions, Remarketing
Digital Sales Take Off for Manheim Express in 2021

One of the biggest changes to come out of the second year of the COVID-19 pandemic is dealers directly wholesaling from their lots.

https://www.autorentalnews.com/10158021/digital-sales-take-off-for-manheim
Categories: Fleet, Remarketing
New-Vehicle Affordability Worsens Again in November

With record-high prices, low incentives, and a higher interest rate, the estimated typical monthly payment increased to a new record high at $687, which was...

https://www.autorentalnews.com/10158016/new-vehicle-affordability-worsens-again-in-november
Categories: Remarketing, Used Vehicle Values
Used Vehicles Sales Up Slightly YOY in November

Despite constrained inventory, the used-vehicle market has been playing a key role in the automotive industry recovery.

https://www.autorentalnews.com/10157969/used-vehicles-sales-up-slightly-yoy-in-november
Categories: Fleet, Remarketing
New Vehicle Prices Hit Record Eight Months in a Row

A larger mix of SUVs and pickups helped drive up prices in November, but November was also the sixth straight month of sales volume declines.

https://www.autorentalnews.com/10157686/new-vehicle-prices-hit-record-eight-months-in-a-row
Categories: Electric, Electric Vehicles, Global Fleet, Green Fleet, Operations, Rental Operations, Sustainability
Europcar Mobility Group UK Aims To Cut CO2 Emissions By Appointing CBVC To Manage Its Company Car Fleet

Europcar says the new fleet management agreement with CBVC will support the Group’s aims by encouraging staff take-up of electric vehicles (EVs), which will...

https://www.autorentalnews.com/10157655/europcar-mobility-group-uk-aims-to-cut-co2-emissions-by-appointing-cbvc-to-manag
Categories: Auctions, Operations, Remarketing
Manheim's Central Dispatch Finds New Customer Relations Partner

As brokers transport more vehicles longer distances, new integration with BATS CRM will make it easier for clients to post and track loads.

https://www.autorentalnews.com/10157592/manheims-central-dispatch-finds-new-customer-relations-partner
Categories: Auctions, Remarketing
ADESA Deploys Automated Vehicle Tracking Solution Across North America

Billed as the first of its kind, enterprise IoT innovation delivered by CoreKinect and Comcast’s MachineQ will help customers and employees locate vehicles...

https://www.autorentalnews.com/10157511/adesa-deploys-automated-vehicle-tracking-solution-across-north-america
Categories: Remarketing, Used Vehicle Values
Wholesale Prices Increase at Slower Pace in November

Wholesale prices appear to have peaked the week before Thanksgiving as weekly prices have declined slightly in each of the last two weeks. But retail prices...

https://www.autorentalnews.com/10157447/wholesale-prices-increase-at-slower-pace-in-november
Categories: Associations, Remarketing
At the Beginning and Through the Decades

IARA 20th Anniversary Issue: Industry observer, media figure, and conference host Charlie Vogelheim has circulated throughout the automotive world,...

https://www.autorentalnews.com/10157353/at-the-beginning-and-through-the-decades
Categories: Fleet, Remarketing
November Fleet Sales Increase Slightly

Looking at automakers, year-over-year changes in fleet sales differed by manufacturer, ranging from a decline of 97% to an increase of 28%.

https://www.autorentalnews.com/10157311/november-fleet-sales-increase-slightly
Categories: Associations, Remarketing
Two Presidents Assess the IARA’s Legacy and Outlook

IARA 20th Anniversary Issue: Chairman and immediate past President Paul Seger and current President Jeff Bescher see positive signs of a more stable vehicle...

https://www.autorentalnews.com/10157236/two-presidents-assess-the-iaras-legacy-and-outlook
Categories: Auctions, Captive Finance, Leasing, Remarketing
OPENLANE iQ Speeds Up Platform for Vehicle Buyers, Sellers

OPENLANE iQ provides data analytics and comprehensive technology solutions for more than 40 upstream brand marketplaces.

https://www.autorentalnews.com/10157233/openlane-iq-speeds-up-platform-for-vehicle-buyers-sellers
Categories: Batteries/Tech, Charging, Electric, Electric Vehicles, Electrification, Fuel, Global Fleet, Green Fleet, Hybrids, Leasing, Maintenance, Operations, Remarketing, Technology, Telematics & Technology
Association Of Fleet Professionals Warns Against PHEV Fleet Policies

The chair of the Association of Fleet Professionals (AFP), a UK-based organization representing the interests of fleet managers, believes fleets should skip...

https://www.autorentalnews.com/10157135/association-of-fleet-professionals-warns-against-phev-fleet-policies
Categories: Electric, Electric Vehicles, Electrification, Green Fleet, Vehicle OEM
Polestar Readies All-Electric SUV Model

The Polestar 3 will launch in 2022 will be made in the U.S. as the company expects to close out 2021 with global sales of 29,000 vehicles.

https://www.autorentalnews.com/10157145/polestar-readies-all-electric-suv-model
Categories: Operations, Remarketing
Why Are Vehicle Transportation Costs Going Up?

Analysis: On one automotive marketplace that connects shippers and transporters, the carrier cost per mile increased nearly 18% from 2019 to 2021.

https://www.autorentalnews.com/10157097/why-are-vehicle-transportation-costs-going-up
Categories: Delivery, Electric, Electric Vehicles, Electrification, Green Fleet, Shared Mobility, Vehicle OEM
ELMS Gets Big Order for Its All-Electric Delivery Van

Mobility provider Zeeba has ordered 50 Urban Delivery vans for its rentals and sharing service, and intends to buy hundreds more in 2022.

https://www.autorentalnews.com/10156975/elms-gets-big-order-for-its-all-electric-delivery-van
Categories: Auctions, Remarketing
Manheim Sees Major Advances in 2021

Manheim's leader looks back on an innovative year and updates the industry on company developments.

https://www.autorentalnews.com/10156801/manheim-sees-major-advances-in-2021
Categories: Electric, Electric Vehicles, Electrification, Fleet, Green Fleet, Hybrids
One-Fourth of All 3Q Car Buyers Considered EVs or Hybrids

It is the highest level of interest in electrified vehicles that the Kelley Blue Book Brand Watch report has ever measured. Electrified vehicles sales soar 60%.

https://www.autorentalnews.com/10156549/one-fourth-of-all-3q-car-buyers-considered-evs-or-hybrids
Categories: Global Fleet, Leasing, Operations, Rental Operations
Khaled Shahbo Named New Senior VP Europe For Enterprise Holdings

Ryan Johnson will succeed Shahbo in his previous position. Johnson was general manager of Enterprise’s Southeast England group, the company’s largest UK...

https://www.autorentalnews.com/10156601/kaled-shahbo-named-new-senior-vp-europe-for-enterprise-holdings
Categories: Remarketing, Used Vehicle Values
Used Vehicle Supply Edges Higher

The average listing price of about $27,000 is running 25% above year-ago levels and 38% over pre-pandemic 2019 levels.

https://www.autorentalnews.com/10156596/used-vehicle-supply-edges-higher
Categories: Fleet, Procurement, Remarketing
Worst of Vehicle Supply Shortage Might Be Over

New-vehicle inventory levels are still 63% lower than a year ago while the average transaction price hit another record.

https://www.autorentalnews.com/10156591/worst-of-vehicle-supply-shortage-might-be-over
Categories: Remarketing, Used Vehicle Values
Wholesale Prices Rise Through Nov. 15

Meanwhile, used supply normalizes, rental risk pricing declines, and auto loan performance deteriorates.

https://www.autorentalnews.com/10156565/wholesale-prices-rise-through-nov-15
Categories: Electric, Electric Vehicles, Electrification, Global Fleet, Green Fleet, Leasing, Maintenance, Mobility, New Mobility, Operations, Rental Operations, Shared Mobility, Suppliers, Technology, Telematics, Upfitting, Vehicle OEM, Vehicle Research
GM Returns To Europe With Mobility Unit

Having sold Saab in 2009 and then quit Europe altogether in 2017 when GM Europe sold its Opel and Vauxhall brands to the PSA Group (now Stellantis), GM...

https://www.autorentalnews.com/10156388/gm-returns-to-europe-with-mobility-unit
Categories: Autonomous Technology, Electric Vehicles, Green Fleet, Sustainability, Technology, Vehicle OEM
Hyundai Debuts All-Electric SUV Concept at LA Auto Show

Hyundai's SUV concept SEVEN was showcased on stage in front of a video presentation at AutoMobility LA in the Los Angeles Convention Center.

https://www.autorentalnews.com/10156278/hyundai-debuts-all-electric-suv-concept-at-l-a-auto-show
Categories: Auctions, Remarketing
ADESA Simplifies Online Self-Checkout for Customers

All-new Purchases Page Brings greater speed, simplification and centralization to buying on ADESA.

https://www.autorentalnews.com/10156185/adesa-simplifies-online-self-checkout-for-customers


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