We are pleased to present below all posts archived in 'May, 2012'. If you still can't find what you are looking for, try using the search box.
Continuing to build upon the theme of our last blog entry on the growth of Chrysler group fleet volume at auction (specifically minivan volume), analysts at NADA have taken a deeper dive into rental fleet penetration at the brand level to determine what proportion of new vehicle sales over the first quarter can be attributed to rental fleet sales.
After examining R.L. Polk registration data over the first three months of the year, we see that some brands received less support from rental sales, while others continued to push a large percentage of units into daily rental fleets. ...
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Recently Chrysler Group has received a lot of attention for strong sales performances in the new car market place. Taking a deeper look at things, Chrysler, Dodge, and Jeep brands have all posted continuous year-over-year gains since July of 2011, which is especially impressive considering that they are the only domestic manufacturer during this time period to accomplish such a feat.
Not that long ago Chrysler Group was near extinction, but in what seems like almost overnight they have turned things around and have left the dark days of their bankruptcy well in the rearview mir ...
As many in the industry know, used vehicle supply has been steadily falling over the past few years due to the substantial drop-off in new vehicle sales and lease originations. In fact, NADA estimates that the supply of used vehicles up to five years in age was 17% lower in 2011 than it was in 2008.
The ongoing erosion in supply has been one of the primary catalysts behind the 15% increase in used vehicle prices since 2008, and NADA is forecasting that further declines will continue to pressure up used prices throughout the remainder of this year.
Given its prolonged downtur ...