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The United Auto Workers contract with the Detroit Big 3 automakers expires Sept. 14 as new inventory remains 68% above last year's level.
https://www.worktruckonline.com/10205857/new-vehicle-supply-grows-ahead-of-potential-strike
While the total supply of unsold used vehicles is down from the same time a year ago, they are up from the end of June.
https://www.worktruckonline.com/10204114/used-vehicle-inventory-hits-high-point-for-the-year
The average listing price of a vehicle remained above $47,000 since April, while the ATP of a new vehicle in July was $48,334 compared with $48,671 in June.
https://www.worktruckonline.com/10204109/new-vehicle-production-and-sales-steady-as-inventory-down-in-july
Long brings years of experience and strong industry connections as a former executive director of the International Automotive Remarketers Alliance and...
https://www.worktruckonline.com/10204047/american-recovery-association-hires-tony-long-as-new-executive-director
The deal further positions Cox Mobility in the fleet maintenance sector and expands its servicing of light, medium, and heavy-duty trucks and trailers.
https://www.worktruckonline.com/10204045/cox-automotive-acquires-corcorans-mobile-services
All large manufacturers showed gains in fleet over last year, with combined sales into large rental, commercial, and government fleets improving.
https://www.worktruckonline.com/10203582/july-fleet-sales-rebound-approaching-pre-pandemic-level
The market is riding upward trends in inventory and sales, although average prices have dropped in the quarter after three straight quarters of increase.
https://www.worktruckonline.com/10202416/commercial-vehicle-inventory-up-prices-fall
Dealer lots are no longer empty, with far more selection for vehicle shoppers who may have been waiting to buy a particular model.
https://www.worktruckonline.com/10197743/fewer-kinks-in-the-vehicle-supply-chain
Hallett served in an active 25-year career with KAR Global but he will still keep his seat on the company's board of directors.
https://www.worktruckonline.com/10195765/kar-global-announces-retirement-of-executive-chairman-jim-hallett
Overall sales are up in the quarter, including for fleets. However, headwinds are growing and inventory levels are moving back above the pre-pandemic...
https://www.worktruckonline.com/10195592/key-data-points-from-cox-automotives-q1-report