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

Categories: Fleet, Fleet Acquisition, Vehicle Research

The latest collective figures from the Detroit Big 3 and the Asian Big 6 show a dip in October but sales are still up by a third for the first 10 months of...

https://www.autorentalnews.com/10209521/october-fleet-sales-decline-but-ytd-momentum-stays-strong

Categories: Fleet, Fleet Acquisition, Remarketing, Rental Operations, Vehicle Research

Since the labor actions started Sept. 15, the U.S. has ample inventory for now from the Detroit automakers that should keep steady supply through the end of...

https://www.autorentalnews.com/10207689/new-vehicle-supply-rises-despite-uaw-strike

Categories: Fleet Acquisition, Vehicle Research

This summary covers the upgrades and improvements to multiple Hyundai models, including the new Kona and Kona Electric.

https://www.autorentalnews.com/10201852/hyundai-2024-model-year-changes

Categories: Fleet, Fleet Acquisition, Vehicle Research

Fleet sales have helped underpin the market improvement so far this year. Forecasts suggest fleet sales could increase by more than 40% year over year,

https://www.autorentalnews.com/10201488/new-vehicle-sales-to-increase-more-than-11-year-over-year-through-the-first-half

Categories: Fleet, Remarketing, Vehicle Research

For the second month in a row, average transaction prices undercut manufacturer's suggested retail prices, reversing a prior 20-month trend.

https://www.autorentalnews.com/10198529/new-vehicle-buyers-paying-below-msrp

Categories: Fleet, Fleet Acquisition, Remarketing, Vehicle Research

While inventory is up from 2022 levels, it remains low by historical standards. Meanwhile, the estimated typical monthly payment for a new vehicle declined...

https://www.autorentalnews.com/10197008/new-vehicle-supply-reaches-two-year-high-while-affordability-improves