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February sales figures show a major gain in new rental cars that makes up for flat or lower sales in the commercial and government fleet sectors.
https://www.automotive-fleet.com/10217026/auto-rental-fleets-drive-overall-monthly-fleet-sales-momentum
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
Rental fleet sales gain by a fifth compared to last year while commercial fleet sales dip by double digits.
https://www.automotive-fleet.com/10214917/fleet-sales-start-year-slightly-up
The end-of-year tallies show a healthy 28% annual increase across commercial, rental, and government fleet sectors.
https://www.automotive-fleet.com/10213124/2023-fleet-vehicle-sales-soar-past-2-million-mark
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.automotive-fleet.com/10212346/new-vehicle-inventory-surpasses-2-5-million-71-days-supply
Bobit releases the latest aggregate numbers for specific fleet sectors as total sales look to close out 2023 well ahead of last year.
https://www.automotive-fleet.com/10211764/november-fleet-sales-results-mixed-still-up-ytd
Analysis: Slowing EV adoption, an expensive UAW labor contract, and higher consumer interest rates will diminish the profits and gains of recent years.
https://www.automotive-fleet.com/10211298/3-headwinds-that-will-batter-the-auto-industry
The latest numbers add up to a gutpunch for the resale values of used electric vehicles as the early adopter market for EVs taps out and mainstream vehicle...
https://www.automotive-fleet.com/10211173/used-ev-prices-tank-as-demand-craters
Culminating in over 45 days on the picket line, members at each of the Detroit Three have approved new contracts in favor of the UAW.
https://www.automotive-fleet.com/10207272/uaw-strike-grows
Wholesale used-vehicle prices decreased 2.3% in October from September and were down 4% from a year ago.
https://www.automotive-fleet.com/10210377/used-vehicle-supply-limited-at-november-start