Author: News/Media Release
The Manheim Used Vehicle Value Index (MUVVI) fell to 211.9, reflecting a 1.8% increase for wholesale used-vehicle prices (adjusted for mix, mileage, and seasonality) in comparison with April 2025, Cox Automotive said May 11. The April index is down 1.6% month over month. The long-term average monthly move for April is a rise of 0.7%.Non-adjusted wholesale vehicle prices are actually up 2.8% 12 months over 12 months, and up 0.4% against March 2026. The long-term average monthly move in non-adjusted values is a rise of 1.3% in April.The Manheim Index fell in April and non-seasonally adjusted values weren’t quite as…
Lytx introduced a collection of integrated technologies for fleet operations. Announced on the Lytx Protect Conference, the brand new solutions are for all-in-one platforms that empower fleets to attain clarity, control, and actionable results. Highlighted on the event, LytxOne joins Lytx+ as two all-in-one solutions for video safety and telematics.“LytxOne is a purpose-built platform designed from the bottom up,” said Chris Cabrera, CEO of Lytx. “We created a unified architecture where video safety, telematics, maintenance, compliance, and asset tracking work seamlessly together. We’re deeply committed to providing our customers with multiple all-in-one pathways that deliver a brand new standard for…
Marking a brand new chapter for EV transparency, AVILOO leadership welcomes Brett Lippel as he steps in to drive nationwide growth in battery diagnostics. AVILOO, an independent battery diagnostics company for electric vehicles, officially announced the appointment of Brett Lippel as CEO of AVILOO North America. Lippel is now formally introduced into this leadership position as he drives AVILOO’s nationwide adoption of its advanced battery-testing technology.The U.S. EV market continues to grow rapidly, particularly the used‑EV segment. AVILOO offers the industry’s first manufacturer‑independent, validated battery diagnostic that gives an accurate assessment of an EV battery’s actual condition quite than relying…
Overall market prices were notably higher than a 12 months ago, led by the luxurious segment and non-electric vehicles, while compact cars and trucks posted the weakest gains. The Manheim Used Vehicle Value Index (MUVVI) rose to 212.3, reflecting a 4% increase for wholesale used-vehicle prices (adjusted for mix, mileage, and seasonality) in comparison with February 2025, in accordance with Cox Automotive figures released March 6. The February index is up 0.8% month over month. The long-term average monthly move for February is a decrease of 0.2%.Non-adjusted wholesale vehicle prices at the moment are up 4.2% 12 months over 12 months…
GM Fairfax Assembly is preparing to provide the Chevrolet Bolt, Chevrolet Equinox, and a next-generation Buick compact SUV. General Motors’ Fairfax Assembly Plant in Kansas City, Kansas, has been a mainstay in the realm since 1946 and is now on the forefront of the corporate’s latest manufacturing updates. The plant is currently producing the Chevrolet Bolt, an electrical vehicle, followed soon by the gas-powered Chevrolet Equinox and a next-generation Buick compact SUV.As well as to almost $5.5 billion in recent manufacturing investments, GM is investing one other $30 million to organize the Fairfax workforce for these major vehicle launches.This investment…
Late model and 7-year+ used vehicles recorded essentially the most sales in December and throughout 2025. AuctionNet wholesale auction sales in 2025 continued to get better from the pandemic-induced lows of several years ago, with sales up greater than 4% yr over yr to only over 7 million units. Last yr’s total sales figure was the best recorded since 2019, when sales reached 8.2 million units, and was greater than 1.2 million units above the 5.8 million units figured notched in 2022, when the automotive industry was coping with the fallout from recent vehicle production shortages.Off-Rental Activity Drove Industrial Sales Industrial sales…
Retail and wholesale used-vehicle supply will remain constrained in the approaching yr, driven by lower production and fewer lease maturities returning to the market, although lease maturities will rise over the yr.Photo: ArtisticOperations / Pixabay The Manheim Used Vehicle Value Index (MUVVI) closed out December at 205.5, marking a 0.4% increase in wholesale used-vehicle prices in comparison with December 2024 and a modest 0.1% gain month over month, in accordance with figures released Jan. 8. The year-end data reflect a market that has mostly stabilized, with non-seasonally adjusted prices up 0.5% yr over yr, following a slight 0.4% decline from November.…
The Fleet Source is a brand new digital sourcing platform connecting fleets with leading industry solutions.Image: Automotive Fleet / Bobit Bobit Business Media Inc. (BBM) publicizes its latest digital sourcing platform, TheFleetSource.com. This powerful latest platform is designed to assist fleet professionals discover, learn, and connect with suppliers across many major categories of fleet operations. Developed by the teams behind Automotive Fleet, Government Fleet, Heavy Duty Trucking, and Work Truck, The Fleet Source brings together BBM’s trusted industry insights and editorial expertise since 1961 with AI-driven guidance to make fleet sourcing smarter.The Fleet Source serves as an interactive digital extension…
The electrified CLA also features upgraded tech, including route guidance and AI-enhanced mobility features. The brand new CLA offers updated refinement, comfort, intelligence, efficiency, and now drivetrain flexibility with a brand new hybrid powertrain. The CLA hybrid has athletic proportions and a singular radiator grille. The brand new hybrid includes the Mercedes‑Benz Operating System (MB.OS) and the fourth-generation Mercedes‑Benz User Experience (MBUX), with artificial intelligence (AI) from Microsoft and Google.The CLA hybrid incorporates a highly compact engine and transmission design. The electrical motor and its components are integrated into the brand new eight-speed dual-clutch transmission (8F-eDCT), which offers efficiency and…
Overall market prices were flat yr over yr, with luxury vehicles posting the biggest increase and compact cars recording the biggest decline. The Manheim Used Vehicle Value Index (MUVVI) rose to 205.4, reflecting a 1.3% increase in November’s wholesale used-vehicle prices (adjusted for mix, mileage, and seasonality) in comparison with October. The index is usually unchanged from November 2024. The long-term average monthly move for November is a decrease of 0.6%.Non-adjusted wholesale vehicle prices fell 0.3% from October and at the moment are flat yr over yr, giving back a few of the strength observed throughout most of this yr. The…