Used-Vehicle Prices Rise Above $27,000 as Supply Increases
The average price likely will stay relatively high since few new vehicles have been sold in recent years, and little leasing was done.
The average price likely will stay relatively high since few new vehicles have been sold in recent years, and little leasing was done.
Days' supply increased due to a slight weakening in sales toward month-end. Despite a decline in the average listing price, it remained above $47,000.
Carl Ortell will transition to a new role as Vice Chair of the Holman Board and help to shape the company’s strategic vision.
Subaru's three-row SUV has minor updates for the 2024-MY.
Samsara recognizes fleets, technology, and safety achievements during this years award show.
Stellantis recalls Jeep Grand Cherokee, Jeep Grand Cherokee L, and Ram 1500 vehicles in three different safety recalls for various issues.
Mercedes-Benz is integrating ChatGPT through Azure OpenAI Service, leveraging the enterprise-grade capabilities of Microsoft's cloud and AI platform.
The initial 50 BrightDrop all-electric vans will serve FedExpress Canada's operations in Toronto, Montreal, and Surrey. The company plans to grow its EV fleet footprint to 2,500 vehiclesacross the country.
Clients will also see a cleaner interface and more trustworthy estimated retail values.
ABB E-mobility stretches their EV charger fleet in the North American region in the coming year to better suit a growing base.
Poor road conditions can lead to crashes and can also cost fleets up to $1,049 a year per vehicle in add-on maintenance costs.
A TikTok user has called out the company, in a video with over 500,000 views, for an alleged flaw in the brake lights, according to a media report.
At an event in Toronto, FedEx Express Canada formally added 50 all-electric delivery vehicles from BrightDrop.
SVT Fleet Solutions is ready to fill a gap in the market by helping large commercial and municipal fleets navigate the transition to zero-emission vehicles from Class 1 to 8 — through a single-source provider.
Fleets lead the growth in the European LCV market, registering a 12.5% increase January to April 2023 compared to same period last year, according to new analysis by research firm Dataforce.
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