The trend that started in October continued into 2023, with all eight major market segments seeing seasonally adjusted prices that were lower year over year in the first half of January. Pickups had the smallest decline at -9.3%, while compact cars and vans lost less compared to the overall industry (down 13.7%) […]
Wholesale Used Vehicle Prices Start Year Higher Read More »
NTEA’s OEM monthly chassis sales outlook is currently expecting 2022 to be flat overall compared to 2021. The forecast for 2023 calls for sales to grow by roughly 4% overall, with slow growth through 2026. Leading indicators around GDP, residential investment, unemployment rate, personal expenditures, and the consumer price index are pointing
How Recession, Inflation & Supply Chains Will Impact the 2023 Truck Market Read More »
Carvana founder and CEO Ernie Garcia details the Carvana acquisition of ADESA during an interview Aug. 17 at the International Automotive Remarketers Alliance’s Summer Roundtable conference in Nashville, Tennessee. Online used car dealer Carvana Co, the parent company of ADESA, which it bought last year in a $2.2 billion deal, faces a
Carvana Skirting Cliff Along Dire Financial Straits Read More »
EV sales in the U.S. in 2022 soared as new models, such as this 2023 Nissan LEAF, and high interest pushed sales volumes past 800,000 for the first time. In an auto market that saw total new vehicles fall 8% year over year, battery-electric vehicles (EVs) sales were a bright spot. Even
EV Sales Hit New Record Despite Down Auto Market Read More »
Positioned as a car designed for urban driving, the MX-30 features “freestyle” doors, which when the front doors are opened reveal a latch to access the rear doors and allow entry to the back seats. Photo: Mazda North American Operations Debuting for the 2022 model year as Mazda’s first all-electric vehicle, the MX-30
2023 Mazda MX-30 EV: Price Changes & What’s New Read More »
J.D. Power announced the introduction of the J.D. Power’s new analytics tool will keep track of the U.S. EV market. J.D. Power introduced on Jan 17 the J.D. Power EV Index, an analytics tool to track the growing electric vehicle market in the U.S. Each month, the index will arrive at one number (on
EV Parity with ICE Vehicles – Are We Making Progress? Read More »
January 17, 2023 The 128th State of the Fleet Industry video produced by Automotive Fleet offers insights into the state of the fleet market as presented by AF Editor Mike Antich. 🎙Today’s topics include: Service levels have fallen at DMVs and wait times for services have increased. Fleet managers say DMVs have become inconsistent in
Inconsistent Service Levels for Fleet Registration & Titling Persist at State DMVs Read More »
In 2020, nearly 13% of the nation’s total roadway collisions involved at least one large truck or bus. Photo: pexels.com/Quintin Gellar In 2020, of the 35,766 fatal crashes on the nation’s highways and byways, 4,588 (or 12.8%) involved at least one large truck or bus, according to the 2022 Pocket Guide to Large Truck
Some 4,588 Crash Fatalities in 2020 Involved a Large Truck or Bus Read More »
Mobilisights has exclusive access to vehicle data from all Stellantis brands. Such data density will give Mobilisights a greater level of autonomy when it comes to its reliance on other data suppliers to power applications. Stellantis announced at the 2023 CES, the establishment of Mobilisights, an independent business unit dedicated to growing the company’s
Stellantis Establishes New Data-as-a-Service Business Unit Read More »
