Featuring over 100 vehicles and 70 charging stations, the Evie Spot Network is the nation’s largest public electric mobility program and represents more than three years of intracity collaboration with the communities closest to the program area.
What are the current promises and challenges of alternative fuels and clean-vehicle technologies for commercial fleets? An industry panel discusses the State of Sustainable Fleets at ACT Expo.
The International Automotive Remarketers Alliance opens registration and releases a schedule for its conference that brings together consignors, auctions, dealers, and finance companies.
At the end of March, the average listing price was $27,246, off record levels in December when it surpassed $28,000. The list price was down some from the end of February when it was a revised $27,609.
In his Monday afternoon session, LeasePlan USA Senior VP of Corporate Fleet Jon Stafford made it clear how he regards total cost of ownership (TCO) as a tool to better manage his fleet, his people, and his company — he doesn’t. Because TCO is dead.
Combined sales into large rental, commercial, and government buyers were down 30% year over year in February.
FastLane will be the anchor asset for EBlock to expand its reach by enabling digital dealer-to-dealer buying and selling, positioning EBlock for further reach in the U.S. Midwest.
The agreement is closely aligned with KAR’s digital strategy, and will allow KAR to focus on its portfolio of digital marketplaces.
Production will increase with an easing of the chip shortage later this year and sales will rise. Prices will stay high but likely off their records.
But average transaction prices still linger above MSRP as supply holds steady at the same level since Thanksgiving and customer demand remains strong.
The first year of accumulated metrics from AutoIMS consignors and auctions points to a continued supply chain squeezing vehicle prices and mileage higher.
The last two weeks of 2021 saw intense consumer demand for light commercial vehicles in the UK, driving average stock values to their second highest levels of the year.
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 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.
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