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

Categories: Fleet Acquisition, Vehicle Research

Ford's recent confirmation that Transit Connect sales will stop in North America follows a trend of automakers ending sales of their small vans.

https://www.autorentalnews.com/10196408/ford-officially-ends-sales-of-transit-connect-in-north-america

Categories: Fleet, Fleet Acquisition, Remarketing, Vehicle Research

September marks a record 16th straight month that new-vehicle ATPs were higher than the average manufacturer’s suggested retail price (MSRP).

https://www.autorentalnews.com/10183207/new-vehicle-prices-back-off-record-high

Categories: Fleet, Operations, Remarketing, Small Fleet, Vehicle Research

The average price paid for a new vehicle in America now tops $48,000. Supply of popular segments – like subcompacts, hybrids and EVs – remain low.

https://www.autorentalnews.com/10180989/new-vehicle-prices-top-records-five-months-in-a-row

Categories: Electric, Electric Vehicles, Electrification, Fleet Forward, Green Fleet, Operations, Remarketing, Small Fleet, Used Vehicle Values, Vehicle Research

An iseecars.com study finds electric car prices saw an increase of 54% in July from the same month last year while gas-powered cars were up just 10%.

https://www.autorentalnews.com/10180264/used-ev-prices-rise-much-faster-than-for-ice-vehicles