Sales of pure battery-electric vehicles jumped 72% to a record 147,799, the best quarter ever for EVs.
Available vehicle inventory inched higher, edging closer to normal. Key stats: 2.38 million unsold vehicles, 51 days' supply, 69,737 average mileage.
The Cox Automotive Insights team looks at key industry trends ahead that overall point to a healthy year.
Analysis: A big drop of 20% to 30%, as one report suggests, is highly unlikely. History tells us a decline of more than 10% is rare indeed.
The average price paid for a new non-luxury vehicle in December 2021 was $43,072, slightly down from the record high set in November but still $900+ over sticker.
Founded to meet the needs of international organizations for high-quality cars and trucks, International Fleet Sales offers comprehensive services from vehicle specifications to warranty administration.
Combined sales into large rental, commercial, and government buyers were down 32% year over year in December and down 4% full-year 2021 versus 2020.
Stellantis is merging its two operational leasing companies to become a leading multi-brand lessor in Europe, while also streamlining its captive finance arms.
Martin Sander will also serve as chair of the management board of Ford-Werke GmbH (Ford of Germany), effective June 1.
The biggest impact has been caused by the microchip shortage.
Three experienced global fleet managers discuss the changing nature of their roles and the challenges of policy harmonization, standardization, and safety across world regions.
Representing the interests of fleet operators in the UK, Paul and his team are uniquely placed to understand the key issues rising up the fleet agenda for 2022.
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