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Vehicle Sales

New Zealand Fleet Market Conditions for CY-2016

Despite economic headwinds dampening demand for its exports into China, auto sales in New Zealand during calendar-year 2015 hit an all-time record for commercial and retail vehicles. Sales continue to be strong in early 2016.

Turkish Vehicle Sales Increase of More than 50 Percent

Turkey's passenger and and light commercial vehicle market has posted a combined 50.79 percent in the first six months of 2015 compared to the same period in 2014, according to the Otomotiv Distribütörleri Dernegi (ODD).

Navigant: 12M EVs on Global Roads in 2023

The number of plug-in electric vehicles in use is projected to reach 12 million globally by 2023, while worldwide revenue from charging services is expected to increase to $2.9 billion from $152.6 million projected for this year, according to Navigant Research.

Audi is Worldwide AWD Leader in Premium Segment

HERNDON, VA - No premium manufacturer builds and sells more all-wheel-drive cars worldwide than Audi, according to the manufacturer, proven by figures from the German Association of the Automotive Industry (VDA).

How Long Will the Slump in Used-Vehicle Values Last?

We are currently in the midst of the worst used-vehicle market in the past 25 years. Year-over-year prices declined every month in 2008; however, wholesale prices did improve the first 10 days of January. Despite this, many fleets now find that the depreciation rates established 24-36 months ago are insufficient for today's resale market. In many cases, resale values of fleet vehicles are significantly below the remaining book value. Here's a forecast for what lies ahead in the wholesale market.