Used-Vehicle Prices Average Just Under $27,000
But days’ supply climbed to 43 in September, the highest it has been in months, on higher inventory and slower sales.
But days’ supply climbed to 43 in September, the highest it has been in months, on higher inventory and slower sales.
C.J. Driscoll & Associates’ 2021-22 U.S. Mobile Resource Management Systems Market Study projects that the 18 million GPS/wireless devices used to manage commercial assets and workers today will grow to over 25 million units by 2024. Video telematics is the hottest segment.
The deal builds on KAR's growth in the dealer-to-dealer segment, enhances its profile in the fragmented wholesale used vehicle market, and accelerates the company’s overall move to digital auction marketplaces.
Aiming to become a next-generation global automotive manufacturer, Taiwan-based Hon Hai Technology Group (Foxconn) recently introduced its three new electric vehicles (EVs)—the Model C recreational vehicle, Model E sedan and Model T electric bus—at its 2021 Hon Hai Tech Day.
Compact and mid-size electric vehicles (EVs) are now fully cost competitive with petrol and diesel cars across most European countries according to LeasePlan’s newly released 2021 Car Cost Index.
Argentina-based car rental and fleet management company RDA has launched Keko, a Buenos Aires carsharing service allowing rentals by minute, hour, or day.
The data is available by subscription on the autoniq app and showcases information on similar year, make, and model vehicles sold at auction.
This partnership allows Merchants Fleet clients to leverage a combination of depot charging solutions, charging networks, and EVgo’s public network.
A four episode Global Fleet Voices video series entitled "Data is the Gateway to Your Future Fleet," which is produced in collaboration with Automotive Fleet magazine and Geotab will debut on October 26, 2021. Episode 1 will feature a discussion on Big Data Insights with Hayley Barone of Heineken, Mike Branch of Geotab, and Mike Antich of Automotive Fleet.
The 2.5L hybrid has an EPA-estimated rating of 37 mpg combined, 33 mpg highway, and an EPA-estimated range of more than 500 miles on a single tank of gas.
Prime Minister of the UK Boris Johnson presented an expansive document ahead of the COP26 climate conference as part of a package to improve local on-street residential charge points.
The new autonomous driving pilot will be tested in Hervanta suburb in Tampere, Finland, and it will be part of public transportation service in the city in 2022.
Manheim Market Report (MMR) prices saw strong gains through the first two full weeks of October. The latest trends in the key indicators suggest wholesale used vehicle values will likely see further gains in the days ahead.
The growth of electrified vehicle sales in the U.S. is a result of more product availability and wider consumer acceptance.
The automaker's investment will go toward building a battery plant in the U.S. The new company will further develop and expand the local supply chain of lithium-ion automotive batteries.
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