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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
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
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
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
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
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
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
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
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
Available inventory edged slightly higher but remain below normal.
https://www.autorentalnews.com/10158154/average-used-vehicle-prices-climb-past-27-000