Missouri County Enters Partnership for Vehicle Leasing and Sales
In a recent development focused on improving operational efficiency, Franklin County, Missouri, has entered into agreements with Enterprise Fleet Management.
In a recent development focused on improving operational efficiency, Franklin County, Missouri, has entered into agreements with Enterprise Fleet Management.
What is the state of the vehicle market today? What are you thinking about when deciding to order vehicles? What might be some of the considerations for vehicle replacement? Find answers to these questions and more on this episode of GovCast.
Plug is an online used EV wholesale marketplace to facilitate the buying and selling of used EVs among dealers.
Analysis: The actions of the UAW will reverberate through the larger auto business, but nowhere near what was experienced in April 2020. Sales into fleet could suffer in 4Q if a strike is wide and persists. Rental car companies may return to the used car market like they did in 2021 and 2022, driving prices higher.
After closing out 2022 with the longest-running, sharpest decline over a single year, wholesale used vehicle prices have risen in 2023.
A seasoned government fleet manager shares why using auctions to sell used vehicles can be valuable.
Combined sales into large rental, commercial, and government fleets have seen eight consecutive months of double-digit, year-over-year increases.
Sales into rental fleets were up 96% year over year, sales into commercial fleets were up 31%, and sales into government fleets were up 65%.
Commercial fleets are constantly dealing with canceled vehicle orders. Government fleets can help meet these needs – and cash in – by selling their used vehicles and heavy equipment.
Declines in Manheim Market Report prices, days' supply, and average daily sales conversion rates are following typical patterns for November.
Days’ supply climbed to 49, the highest since May 2021. The question now is: Will demand keep up with supply?
Seven steps are shared to help move trucks more quickly and garner the best returns possible.
The deal will diversify Ritchie Bros.' truck, construction, and farm equipment customer base by providing it with a larger presence in the vehicle remarketing vertical that has strong industry fundamentals with proven growth.
All eight major market segments saw seasonally adjusted prices that were lower year over year in October.
Some manufacturers may be shifting more of their sales to fleet as they see retail sales soften due to consumer economic concerns.
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