Manheim’s 20th Annual Used Car Market Report Sees Growth Stability as Key Drivers of Robust Used Vehicle Market in 2014
•New car and light-duty vehicle purchases into commercial and government fleets increased by 7% to 850,000 units in 2014
•Wholesale prices for end-of-service fleet vehicles were at record highs in early 2014 but eventually dipped below 2013 and 2012 levels
Growth in wholesale volumes, new and used vehicle sales, and stability in wholesale pricing, were among the highlights of another strong year in the automotive markets, according to trends identified in Manheim’s annual Used Car Market Report.
The Report is available in PDF format by visiting the Used Car Market Report tab within the Manheim Consulting site, located at www.manheim.com/consulting
UK: Fleet World Fleet Show 2015
Fleet training returns to sell-out Silverstone Fleet Show
This year’s Fleet World Fleet Show, to be held May 12th in Silverstone, England, will feature workshop-style, interactive and informal training sessions on key fleet management topics; test driving on the world-famous Silverstone Grand Prix venue; a host of major new car launches, with a special emphasis on electric and hybrid powered vehicles; and exhibitors demonstrating some of the latest developments, products and services in the fleet arena.
UK Fleet Drivers Reduce Fuel Bills
40% adapt driving style to save fuel - despite not footing the bill
Company car drivers are more likely to drive slower, turn off the air conditioning or avoid heavy acceleration in a bid to reduce their company’s fuel bill, according to research by UK automotive services company RAC Business.
2015 Best Resale Award Winners Announced by Kelley Blue Book
The 2015 model-year brand and category winners of the annual Best Resale Value Awards, recognizing vehicles for their projected retained value through the initial five-year ownership period, were announced by Kelley Blue Book.
Subaru and Lexus earned top honors for best brand and best luxury brand (respectively), with Subaru claiming three model winners and Lexus producing six model winners from a total of 22 different segments. In addition, Chevrolet and Toyota each have an impressive five models winning 2015 Best Resale Value Awards, with the majority being trucks or SUVs.
BMW and VW team to reduce ‘Range Anxiety’ with Charging Network along East and West Coasts
Two German auto giants and America's leading electric vehicle charging network have joined forces to build fast-charging EV networks along the country's East and West coasts.
BMW of North America, Volkswagen of America and ChargePoint will construct up to 100 charging stations in "express charging corridors" from San Diego to Portland, Ore., on the West Coast and Boston to Washington on the East Coast.
