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Higher interest rates are likely hurting used-vehicle demand because consumers can’t afford the higher monthly payments.
https://www.government-fleet.com/10183380/used-vehicle-market-stabilizes-supply-prices
Despite elevated vehicle prices, soaring interest rates and high inflation, there are no signs that demand is falling off yet.
https://www.government-fleet.com/10183312/new-vehicle-supply-up-prices-down
Only three of eight major market segments saw seasonally adjusted prices that were higher year over year in September. The full-year Manheim Used Vehicle...
https://www.government-fleet.com/10182808/manheim-index-declines-again-as-used-vehicle-market-slows
If retail consumers avoid buying new vehicles because of high inflation and interest rates, then OEMs may route more of them into fleet and lease channels.
https://www.government-fleet.com/10182629/fleet-sales-up-yoy-as-supply-may-increase
The 2023 Super Duty gets a new standard 6.8L V-8 gas engine with a 10-speed automatic transmission as well as a 5G modem, adaptive cruise control, and a new...
https://www.government-fleet.com/10182044/2023-ford-super-duty-built-like-never-before
Cox Automotive Mobility will help fleets convert to electric vehicles and modernize while expanding its fleet of mobile service trucks outfitted with...
https://www.government-fleet.com/10181934/cox-automotive-mobility-commits-to-cutting-fleet-carbon-emissions-in-half-by-203
IARA Summer Roundtable: Auto sales and transactions reap more stats, info, and input than ever, but it’s not useful unless you can apply it to business.
https://www.government-fleet.com/10181802/useful-facts-and-insights-derived-from-remarketing-data
IARA Summer Roundtable: Cyber threats are multiplying in numbers and types as organizations scramble to catch up on protections.
https://www.government-fleet.com/10181700/data-security-now-a-must-do-for-companies-forever
Analysis: The Fed wants to see less credit flowing as part of their plan to induce pain, and it's working. Are they taking enough time to see the effects of...
https://www.government-fleet.com/10181667/fed-rate-hikes-denting-demand-for-autos
Wholesale prices had been moving downward for most of the year and decreased 4% in August from July, widening the divergence with retail prices.
https://www.government-fleet.com/10181337/used-vehicle-inventory-up-30-yoy