Road rage is strikingly common: In a survey of more than 500 people, 90 percent reported that they had either witnessed road rage or were a victim of it during the past year. And in the ’90s, it led to 218 murders and 12,000 injuries over the course of seven years. Firearms and the vehicles […]
We’re in the midst of the winter driving season and although every season presents unique driving challenges, winter driving conditions can be the most treacherous. Slippery roads, limited visibility, high winds and fewer daylight hours combined with many drivers’ inexperience in winter conditions warrants additional care on the road. In this edition, we’re pleased to […]
According to the Manheim Used Vehicle Value Index for December and all of 2012, it was a good ending to a solid year. The Index rose 1.2% over November, and was down 0.8% year over year. While it was down, there was a strong upward rally in the fourth quarter.
New vehicles had a great month, coming in at 15.4 million SAAR – this was fueled by pent-up demand, targeted incentives, and by…
Used vehicles also had a great year, topping 40 million units sold, which came from faster inventory turns, operating efficiencies, and...
Midsize cars had the largest wholesale price increase by category, and this came from ongoing demand shifts in the retail market and…
Click here for more details on how the Index performed during the month and what’s expected to come next…
Tom Kontos, Executive Vice President, Customer Strategies & Analytics for ADESA Analytical Services, issued his report on the state of the wholesale market in December. For those consignors who broke the pattern of holding on until January, December prices were strong and worth the sales efforts.
Wholesale used vehicle prices averaged $9,849 and were up 3.1% over November, but as for comparing them to December 2011, they were…
Prices for used vehicle remarketed by manufacturers rose by 3.2% over November, up 6.9% year-over-year, which is an indication of…
While manufacturers saw strong price increases for 2012, fleet/lease consignors and dealers saw a drop explainable in part by…
Click here to read more details from Tom Kontos on how specialized remarketing segments have been affected by vehicle supply patterns…
The Carroll County Sheriff’s Office near Atlanta is saving an estimated $135,000 annually in fuel costs running 36 Ford Crown Victorias on propane autogas through the Southeast Propane Autogas Development Program. The clean fleet will also displace more than 105 tons of greenhouse gas emissions each year. Compared to gasoline, propane autogas burns 20 percent […]