Online Risk Assessment – Will Murray
Online Risk Assessment – Will Murray
Residual Value Changes – Nov.-Dec. 2013
- Total change for all segments in ALG November-December 2013 forecast is -1.4 percentage points for 36-month term.
- Demand slightly raises residuals across all segments, and those with stronger fuel economy are impacted more positively.
- Sporty, Fullsize, and Premium Executive vehicle segments took the largest actual value drop compared to the expected historical change.
GPS Insight Wins Arizona State University Entrepreneurship Award
GPS Insight won the Spirit of Enterprise Award for Innovation in Entrepreneurship given by Arizona State University’s W.P. Carey School of Business. The award recognizes Arizona businesses for ethics, energy, and excellence in entrepreneurship. “The distinguishing trait of all our 2013 honorees is the great story behind their products and services,” said Gary Naumann, director of the Spirit of Enterprise Center at the W.P. Carey School of Business. READ MORE
Used Vehicle Days’ Supply – Nov. 2013
- CNW Research estimates that there will be nearly a 50 days’ supply by end of November 2013
- Will continue to put downward pressure on pricing
- Could keep floor traffic high, but prices lower than dealers would like
Used Truck Market Stable for 2 Years
Penske is seeing inventory reductions of up to 30% in light and medium duty vehicles compared to previous years.
