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Categories: Fleet, Fleet Acquisition, Vehicle Research
April 2024 Fleet Sales Lose Q1 Momentum

Commercial fleet sales were down more than 14% last month, tying its January decline and continuing a string of monthly losses.

https://www.autorentalnews.com/10220850/april-2024-fleet-sales-lose-q1-momentum
Categories: Fleet, Fleet Acquisition, Vehicle Research
March Fleet Vehicle Sales Dip, But Q1 Total Rises

Year-to-date sales in commercial, rental, and government fleet sectors are scraping 600,000 vehicles sold.

https://www.autorentalnews.com/10219231/march-fleet-vehicle-sales-dip-but-q1-total-rises
Categories: Fleet, Fleet Acquisition, Vehicle Research
New Vehicle Supply Dips in February But Still Far Above 2023

Domestic brands continue to have the highest inventory while Asian imports rank lowest.

https://www.autorentalnews.com/10218162/new-vehicle-supply-dips-in-february-but-still-far-above-2023
Categories: Fleet, Fleet Acquisition, Remarketing, Vehicle Research
New Vehicle Prices Down 5.4% from Peak

With new-vehicle inventory rising in the U.S., downward price pressure and higher incentives appear to be key drivers of the market’s momentum.

https://www.autorentalnews.com/10217362/new-vehicle-prices-down-5-4-from-peak
Categories: Fleet, Fleet Acquisition, Vehicle Research
Auto Rental Fleets Drive Overall Monthly Fleet Sales Momentum

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.autorentalnews.com/10217026/auto-rental-fleets-drive-overall-monthly-fleet-sales-momentum
Categories: Fleet, Fleet Acquisition, Remarketing, Vehicle Research
New Vehicle Supply Spikes, Affordability Surges

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.autorentalnews.com/10215645/new-vehicle-supply-spikes-affordability-surges
Categories: Electric, Electric Vehicles, Fleet, Green Fleet, Vehicle Research
EVs Bring More Problems Than Other Vehicle Types

A recent JD Power reliability study shows users find electric vehicles far more troublesome than gasoline and hybrid vehicles.

https://www.autorentalnews.com/10215465/evs-bring-more-problems-than-other-vehicle-types
Categories: Fleet, Fleet Acquisition, Vehicle Research
Fleet Sales Start Year Slightly Up

Rental fleet sales gain by a fifth compared to last year while commercial fleet sales dip by double digits.

https://www.autorentalnews.com/10214917/fleet-sales-start-year-slightly-up
Categories: Fleet, Operations, Remarketing, Rental Operations, Small Fleet, Used Vehicle Values, Vehicle Research
Auto Market Forecast for 2024: The Old Normal

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
2023 Fleet Vehicle Sales Soar Past 2 Million Mark

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


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