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While the total supply of unsold used vehicles is down from the same time a year ago, they are up from the end of June.
https://www.automotive-fleet.com/10204114/used-vehicle-inventory-hits-high-point-for-the-year
The deal further positions Cox Mobility in the fleet maintenance sector and expands its servicing of light, medium, and heavy-duty trucks and trailers.
https://www.automotive-fleet.com/10204045/cox-automotive-acquires-corcorans-mobile-services
While inventory is up substantially compared to 2021 and 2022 levels, it remains low by historical standards.
https://www.automotive-fleet.com/10202409/ev-inventory-grows-while-new-vehicle-inventory-and-prices-stabilize
Compared to the start of the year, transaction prices for new vehicles are down 1.7%, or $865, the largest January to June tumble in the past decade.
https://www.automotive-fleet.com/10202322/new-vehicle-prices-in-june-post-smallest-annual-gain-in-nearly-4-years
The Manheim Market Report values saw above-average declines that were relatively consistent, with values declining almost 4% in the last four weeks.
https://www.automotive-fleet.com/10202166/used-and-wholesale-vehicle-values-down-june-2023
With production levels returning to normal and retail demand only modestly improved, sales to fleet channels have increased dramatically.
https://www.automotive-fleet.com/10201928/fleet-sales-fuel-first-half-auto-sales
Transactional ratings are a new way for shippers and carriers to rate their experiences for every dispatched load, helping to establish further trust...
https://www.automotive-fleet.com/10201661/central-dispatchs-new-ratings-system-becomes-most-requested-feature
Clients will also see a cleaner interface and more trustworthy estimated retail values.
https://www.automotive-fleet.com/10200831/manheim-enhances-mmr-opens-access-to-all-wholesale-marketplaces
Vehicle shoppers now have a much better chance of finding something that fits their needs as improved supply relieves pent-up demand.
https://www.automotive-fleet.com/10199652/improved-inventory-boosts-may-sales-for-new-vehicles-1
Overall sales are up in the quarter, including for fleets. However, headwinds are growing and inventory levels are moving back above the pre-pandemic...
https://www.automotive-fleet.com/10195592/key-data-points-from-cox-automotives-q1-report