All major market segments saw seasonally adjusted wholesale price increases in September, while sales into fleets were down 21% year over year in September.
Second quarter numbers show emerging competition for buyer choices as more models enter the market.
A Kelly Blue Book report shows growing interest in electric and green vehicles, especially SUVs.
Figures remain down 16% from year-ago level.
Ford is seeing increased interest in its Police Interceptor Utility Hybrid, as orders of the standard hybrid version have increased to more than 20% of all its PIU units ordered to date.
The average fuel economy of new vehicles sold in the U.S. in December fell to 25 mpg — down 0.2 mpg from a revised November value, according to Brandon Schoettle and Michael Sivak, researchers from the University of Michigan's Transportation Research Institute (UMTRI).
New-vehicle sales through the first six months of 2017 are expected to be down 2.3%, and high quality off-lease vehicles may be part of the reason why, according to Kelley Blue Book.
Strong new-car sales shouldn't hurt newer model-year fleet vehicles with comparable mileage at remarketing auctions, according to one of the industry's top remarketing analysts.
There will be dramatic changes in new-vehicle purchasing processes, remote vehicle diagnostics, increasingly “smarter” vehicles, and next-generation online fleet management systems powered by fleet-specific social media.
All indications are that new-vehicle orders from government fleets will be down or flat for the 2010 model-year. Many fleet budgets have been decimated by dramatic decreases in tax revenues. The downturn in the economy has caused many user departments to scale back new-vehicle and equipment orders. Also, widespread government layoffs have created a surplus of vehicles available for reassignment, deferring the need to acquire new vehicles.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In