Categories: Batteries/Tech, Electric, Electric Vehicles, Electrification, Fleet, Fleet Forward, Green Fleet, Used Vehicle Values

The industry's first EV-specific valuation algorithm includes proprietary analytics from 100 million real-world EV battery data points.

https://www.autorentalnews.com/10214217/black-book-recurrent-enhance-ev-values-with-deeper-battery-insights

Categories: Electric, Electric Vehicles, Electrification, Fleet, Fleet Forward, Green Fleet, Used Vehicle Values

In another high profile indicator of consumer EV skepticism, the auto rental giant will sell off the EVs to avoid further financial losses.

https://www.autorentalnews.com/10213563/hertz-to-replace-one-third-of-ev-fleet-with-ice-vehicles

Categories: Fleet, Operations, Remarketing, Rental Operations, Small Fleet, Used Vehicle Values, Vehicle Research

Cox Automotive welcomes a return to normalcy after four years of everything but normal, with nothing in the data suggesting vehicle market surges in any...

https://www.autorentalnews.com/10213100/auto-market-forecast-for-2024-the-old-normal

Categories: Auctions, Fleet, Fleet Acquisition, Operations, Procurement, Rental Operations, Small Fleet, Vehicle Research

The end-of-year tallies show a healthy 28% annual increase across commercial, rental, and government fleet sectors.

https://www.autorentalnews.com/10213124/2023-fleet-vehicle-sales-soar-past-2-million-mark

Categories: Fleet, Fleet Acquisition, Vehicle Research

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.autorentalnews.com/10212346/new-vehicle-inventory-surpasses-2-5-million-71-days-supply

Categories: Fleet, Fleet Acquisition, Small Fleet, Vehicle Research

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.autorentalnews.com/10211764/november-fleet-sales-results-mixed-still-up-ytd

Categories: Fleet, Fleet Acquisition, Green Fleet, Remarketing, Used Vehicle Values

The recent Fleet Forward Conference presented updates to the fleet, used vehicle, and electric vehicle supply and demand.

https://www.autorentalnews.com/10211305/vehicle-markets-in-flux-how-are-fleets-doing

Categories: Fleet, Fleet Acquisition, Green Fleet, Operations, Remarketing

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.autorentalnews.com/10211298/3-headwinds-that-will-batter-the-auto-industry

Categories: Auctions, Fleet, Fleet Acquisition, Operations, Small Fleet, Suppliers

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.autorentalnews.com/10207272/uaw-strike-grows

Categories: Fleet, Fleet Acquisition, Small Fleet, Vehicle Research

Supply chains have stabilized while market headwinds from high interest rates and high prices are muting sales.

https://www.autorentalnews.com/10210373/the-uaw-staged-a-strike-and-new-vehicle-supply-rose