May 14, 2018 |
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Fleet Lease Consignor Prices Up 6.6% in March
Prices for vehicles from fleet lease consignors increased 6.6% in March and are 4.9% higher than a year ago driven in part by a strong spring selling season that boosted the values significantly from February levels, according to KAR Auction Services.
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Cars Outpace Trucks, Vans in April Depreciation
Used compact and midsize passenger cars held their value better than pickups and cargo vans in April, and overall vehicle depreciation eased due to a strong spring selling season, according to Black Book.
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Cadillac Sheds ATS on Path to Sedan Trio
Cadillac will discontinue its ATS entry-luxury sedan after the 2018 model year, as it moves to rework its sedan lineup to offer three cars, according to a spokesman.
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