But volume for rental, commercial, and government vehicle purchases is still well below levels seen in the pre-pandemic year of 2019.
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.
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.
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