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As the semiconductor shortage slashes vehicle production, rental car companies are taking extreme measures to bolster their fleets. The businesses are buying used vehicles at auction.
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Retail inventory levels, new and used, continue to be a challenge and the limited availability of quality vehicles in the wholesale market is also proving to be a challenge for buyers.
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Enriched features help dealers save time, puts account information at their fingertips.
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The Toyota brand led the latest signs of a recovering and booming market with the automaker putting its preliminary seasonally adjusted, annualized rate of sales at 17.8 million.
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The 2021 event will take place at the Bellagio Las Vegas, Aug. 29 – Sept. 1.
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Honoring new-vehicle brands, models with lowest projected ownership costs to help shoppers save money.
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The Cox Automotive Industry Insights team is forecasting a sales pace of 16.5 million in April, down from the surprise 17.7 million in March, but a healthy number nonetheless.
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Chief Executive Officer Jon Lamb and President Craig Vaughn will lead MUSA in the expansion of its used car leasing platform, as well as new ventures into traditional retail auto finance, direct lending and serving customers across a wider credit spectrum.
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vSignature may now be used by any company for electronic signing their library of documents through its new stand-alone version of the software.
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Inventory levels continue to be tight, both in the new and used retail markets, as well as the wholesale market, further fueling the price required to source used inventory.
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