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Categories: Batteries/Tech, Electric, Electric Vehicles, Electrification, Fleet Forward, Global Fleet, Green Fleet, Mobility, Remarketing, Sustainability, Technology
Cox, Spiers Expand Global EV Battery Access

The partnership between Cox Automotive Mobility and Spiers New Technologies adds new service centers to support the transition to electric vehicles.

https://www.automotive-fleet.com/10179936/cox-spiers-expand-global-ev-battery-access
Categories: Safety
Brake Safety Week Kicks Off August 21

The Commercial Vehicle Safety Alliance plans to address a growing problem of brake systems and brake adjustment violations during its annual Brake Safety...

https://www.automotive-fleet.com/10179352/brake-safety-week-kicks-off-august-21
Categories: Fleet Leasing, Global Fleet
Supply Shortfall Remains Factor in Used Car Market Values 

The top five European markets registered 6.5 million fewer vehicles in 2020 and 2021 compared to the previous two years. As the used market depends on new...

https://www.automotive-fleet.com/10178828/supply-shortfall-remains-factor-in-used-car-market-values
Categories: Remarketing, Used Vehicle Values
New, Used Prices Retreat

While prices and supply stabilize somewhat, the overall supply is far below historical levels, said Charlie Chesbrough, Cox Automotive senior economist.

https://www.automotive-fleet.com/10176878/new-used-prices-retreat
Categories: Fleet Acquisition, State of the Fleet Industry
New Vehicle Prices Set Record in June

According to data from Kelley Blue Book, the average transaction price (ATP) for a new vehicle surpassed the $48,000 mark in June, the highest ATP on record.

https://www.automotive-fleet.com/10176849/new-vehicle-prices-set-record-in-june
Categories: Fleet Leasing, Global Fleet
Cox Automotive Makes Raft of Senior Hires

Cox says the appointments are part of a strategic move to strengthen existing customer relationships in addition to developing new business.

https://www.automotive-fleet.com/10176774/cox-automotive-makes-raft-of-senior-hires
Categories: Remarketing, Used Vehicle Values
CPO Sales Down Again in June 2022

The downward trend continues, as June CPO sales were down 1% from May’s sales stats.

https://www.automotive-fleet.com/10176666/cpo-sales-down-again-in-june-2022
Categories: Remarketing, Used Vehicle Values
Wholesale Used Vehicle Prices Decrease in June

Compared to last month, wholesale used vehicle prices are down 1.3%, but year over year, prices are up 10.7%.

https://www.automotive-fleet.com/10176508/wholesale-used-vehicle-prices-decrease-in-june
Categories: Remarketing, Used Vehicle Values
CPO Sales Drop 17.5% YTD in May

May’s CPO sales result is the lowest since February, also down over 22% from May 2021.

https://www.automotive-fleet.com/10174923/cpo-sales-drop-17-5-ytd-in-may
Categories: Global Fleet, Operations
Residual Values Begin to Weaken

In the United Kingdom, new car sales had its worst month since 1998 as new car registrations fell by over 14%.

https://www.automotive-fleet.com/10167267/residual-values-begin-to-weaken


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