Finding the right product at the right price is more challenging for used vehicle buyers today, amid higher interest rates and recession fears.
A new report from the British Vehicle Rental and Leasing Association reveals growth stimulus came from long-term operational leasing of electric vehicles , energized by the tax regime for battery electric vehicles.
Pressures assailing the wholesale used-vehicle market are affecting the important “days-to-sales” figures, a source of depreciation losses.
CAR 2023: This big picture spanning OEMs, suppliers and vehicle markets will help inform business strategies that involve the macro-trends redefining the industry.
The new technology evaluates each electric vehicle and provides VIN-specific information, which is vital in capturing accurate information about the health of the battery.
The financial risks and setbacks are piling up for the online used car retailer that gobbled up ADESA auctions last year in a deal wracked with massive debt.
Analysis: Starting in 2023, the effects of the pandemic-driven slowdown and the changes in leasing will affect the used-vehicle supply by mid-decade.
Compared to last month, wholesale used vehicle prices are down 1.3%, but year over year, prices are up 10.7%.
The collaboration promotes safe deployment of second-life use for Xos battery packs nearing end-of-life.
Today’s used-vehicle market is the best it’s been in the history of fleet management and my anecdotal forecast is for it to remain strong through the balance of 2021 and into calendar-year 2022. As a result of these favorable market conditions, some fleets have begun shortcycling some of fleet vehicles.
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