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With new-vehicle inventory rising in the U.S., downward price pressure and higher incentives appear to be key drivers of the market’s momentum.
https://www.autorentalnews.com/10217362/new-vehicle-prices-down-5-4-from-peak
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...
https://www.autorentalnews.com/10217165/wholesale-used-vehicle-prices-declined-in-february
As the wholesale market returns to a new normal following the pandemic, this seminar looks at an overview of the current market, including inventory and...
https://www.autorentalnews.com/10216640/icrs-2024-understanding-the-post-pandemic-wholesale-market
CAR 2024: What’s next for electric vehicle adoption? A closing keynote “candidate-style” debate will confront the harder realities setting in for mass...
https://www.autorentalnews.com/10216346/grand-ev-debate-to-dig-deep-on-ev-challenges
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.autorentalnews.com/10215645/new-vehicle-supply-spikes-affordability-surges
CAR 2024: The IARA brings together a panel to address one of the biggest challenges for consignors.
https://www.autorentalnews.com/10214915/how-do-you-make-a-high-mileage-car-desirable-to-buy
CAR 2024: Next generation thinkers will delve into digital strategies that can cut costs, win over customers, and boost profits.
https://www.autorentalnews.com/10214477/reworking-the-remarketing-funnel-for-future-growth
Auto rental companies that have adopted AI-based damage assessment technology see sizable decreases in vehicle downtime and much more customer satisfaction.
https://www.autorentalnews.com/10214145/how-rental-car-companies-can-navigate-the-maze-of-damage-recovery
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.autorentalnews.com/10214106/used-vehicle-supply-closes-out-at-high-point-for-2023
Manheim expects constrained growth with a volume increase of less than 1% in 2024, indicating a return to a more normal market.
https://www.autorentalnews.com/10213309/used-vehicle-values-fall-by-20-since-2021-peak