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The average listing price of about $27,000 is running 25% above year-ago levels and 38% over pre-pandemic 2019 levels.
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New-vehicle inventory levels are still 63% lower than a year ago while the average transaction price hit another record.
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The MY-2022 Nissan Maxima sedan MSRP starts at $37,240, while the Altima starts at $24,550.
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Ford Pro Charging’s Muffi Ghadiali explains how increasing grid demands necessitate fleets and utilities working together to reduce peak load with local battery storage, renewables, and bidirectional power from EVs themselves.
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Meanwhile, used supply normalizes, rental risk pricing declines, and auto loan performance deteriorates.
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Having sold Saab in 2009 and then quit Europe altogether in 2017 when GM Europe sold its Opel and Vauxhall brands to the PSA Group (now Stellantis), GM Europe is nosing its way back to Europe.
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Ford Pro’s Tim Baughman explains how transitioning to an electric vehicle fleet goes beyond the vehicle to dealing with different utilities and rates, installing charging infrastructure at depots and in homes, and using connected vehicle data to maximize uptime.
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All-new Purchases Page Brings greater speed, simplification and centralization to buying on ADESA.
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The “Best in Fleet” conference session delved into changes brought about by supply chain issues, an influx of data, and more.
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With two months left in 2021, reaching the revised Cox Automotive CPO sales forecast of 2.7 million units – and possibly matching the 2.8 million record-setting 2019 level – remains within reach.
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