In today’s uncertain economic times, it is not unusual to push out truck replacement cycles. While an attractive short-term tactic, fleet managers need to be aware of the long-term consequences.
There is a shortage of medium-duty trucks in the wholesale market due to the low volume of new units ordered from 2007 to 2010. This inventory shortage is forecast to persist for several years. The net result is higher resale values.
To give more customers access to its suite of digital products and services, Manheim introduced its mobile app for Google Android smart phones.
ATLANTA - In July, shoppers continued to show interest in big trucks and SUVs despite relatively high gas prices, and the production shortages for new cars coupled with continued short supply of quality used cars have pushed asking prices higher across new, used, and Certified Pre-Owned (CPO) vehicles.
COLUMBUS, IN - Despite posting a 9-percent increase from May's lackluster sales levels, the Class 3-8 used truck market continues to be impacted by a shortage of available inventory.