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Categories: Fleet, Fleet Acquisition, Remarketing, Vehicle Research
New Vehicle Supply Spikes, Affordability Surges

Inventory levels reach the highest point since June 2020 while the number of buyers who can afford a new vehicle is the best since June 2021.

https://www.automotive-fleet.com/10215645/new-vehicle-supply-spikes-affordability-surges
Categories: Remarketing, Used Vehicle Values
Used Vehicle Supply Closes Out at High Point for 2023

For the full year, Cox Automotive estimates sales for used retail were down about 3%, curtailed by a constrained supply of newly used vehicles in the market.

https://www.automotive-fleet.com/10214106/used-vehicle-supply-closes-out-at-high-point-for-2023
Categories: Fleet, Operations, Remarketing, Rental Operations, Small Fleet, Used Vehicle Values, Vehicle Research
Auto Market Forecast for 2024: The Old Normal

Cox Automotive welcomes a return to normalcy after four years of everything but normal, with nothing in the data suggesting vehicle market surges in any...

https://www.automotive-fleet.com/10213100/auto-market-forecast-for-2024-the-old-normal
Categories: Remarketing, Used Vehicle Values
Wholesale Used Vehicle Prices Show Small Rise

Wholesale supply ended November at 30 days, up one day from the end of October and flat year over year.

https://www.automotive-fleet.com/10212595/wholesale-used-vehicle-prices-show-small-rise
Categories: Fleet, Fleet Acquisition, Vehicle Research
New-Vehicle Inventory Surpasses 2.5 Million, 71 Days’ Supply

The total U.S. supply of available unsold new vehicles in November climbed 57%, or 925,000 units, from the same time a year ago.

https://www.vehicleremarket.com/10212346/new-vehicle-inventory-surpasses-2-5-million-71-days-supply
Categories: Fleet, Fleet Acquisition, Small Fleet, Vehicle Research
The UAW Staged a Strike, and New Vehicle Supply Rose

Supply chains have stabilized while market headwinds from high interest rates and high prices are muting sales.

https://www.vehicleremarket.com/10210373/the-uaw-staged-a-strike-and-new-vehicle-supply-rose
Categories: Fleet, Remarketing, Used Vehicle Values
Used Vehicle Supply Tightens as October Starts

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.

https://www.vehicleremarket.com/10207810/used-vehicle-supply-tightens-as-october-starts
Categories: Fleet, Fleet Acquisition, Remarketing, Rental Operations, Vehicle Research
New Vehicle Supply Rises Despite UAW Strike

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...

https://www.automotive-fleet.com/10207689/new-vehicle-supply-rises-despite-uaw-strike
Categories: Fleet, Remarketing, Small Fleet
September Sales Forecast To Be Up YOY Despite Setbacks

Sales in Q3 are expected to surpass 3.9 million, a jump of more than 15% from the same timeframe one year ago.

https://www.vehicleremarket.com/10207027/september-sales-forecast-to-be-up-13-year-over-year-despite-setbacks
Categories: Fleet, Fleet Acquisition, Operations, Remarketing, Small Fleet, Used Vehicle Values
How Will UAW Strike Affect New, Used, and Rental Vehicles?

Analysis: The actions of the UAW will reverberate through the larger auto business, but nowhere near what was experienced in April 2020. Sales into fleet...

https://www.vehicleremarket.com/10206384/how-will-uaw-strike-affect-new-used-and-rental-vehicles


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