Categories: Fleet, Fleet Acquisition, Vehicle Research

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

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

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

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

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: Electric, Electric Vehicles, Fleet Acquisition, Green Fleet, Remarketing, Suppliers, Used Vehicle Values, Vehicle Research

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.autorentalnews.com/10211173/used-ev-prices-tank-as-demand-craters

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