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The base-level truck will be made available in 2025, with the higher-level AWD and Cyberbeast trims set to deliver in 2024 — but in smaller numbers and to existing single reservation holders.
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The recent Fleet Forward Conference offered fleet managers some takeaway insights on the state of electric vehicles and the overall transition to electrified fleets.
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The average listing price of a vehicle remained above $47,000 since April, while the ATP of a new vehicle in July was $48,334 compared with $48,671 in June.
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July reported another month of wholesale vehicle prices declines throughout all vehicle segments.
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The market is riding upward trends in inventory and sales, although average prices have dropped in the quarter after three straight quarters of increase.
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While used vehicle prices in Q1 declined overall, prices for new work trucks and vans saw price increases quarter-to-quarter and year-over-year.
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Despite elevated vehicle prices, soaring interest rates and high inflation, there are no signs that demand is falling off yet.
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But don't get too excited. Days supply is still far below historical levels and production has yet to catch up to demand.
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The average price paid for a new vehicle in America now tops $48,000. Supply of popular segments – like subcompacts, hybrids and EVs – remain low.
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Sales into commercial fleets were up 37% and sales into government fleets were up 28% last month compared to August 2021.
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