The trend continues to be much worse now than a year ago when prices were notably lower and incentives were higher.
Year to date, the total used-vehicle market is on pace to finish down more than 10% from 2021’s 40.6 million total.
The tally more than doubles last year's comparable period. Orders for Polestars have more than tripled to nearly 23,000 in the same period.
The auto manufacturer revealed designs for the 2024 Honda Prologue Electric SUV. The company also shares its plan to accelerate EV sales toward 2030.
The network is projected to produce enough 100% renewable energy annually to offset the energy currently delivered on an annualized basis to Electrify America’s customers charging on its extensive network.
Polestar released its Annual Review and Sustainability report, sharing wins toward climate goals and use of renewable energy.
A Chicago area native, Bob Loeffler started his fleet career in 1982 as the maintenance manager and later purchasing manager for Chicago-based Genway Fleet Leasing Corp., which was founded in 1966 as Chevway, a Chevrolet dealer group involved in negotiating national fleet leases.