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How a lack of off-lease vehicle is hurting the used market

Auto Service World

Off-lease vehicles are a key source of product for the used car market. In the years leading up to the pandemic, new light vehicle sales peaked in 2017 and remained strong until 2019, with lease penetration rates exceeding 35 per cent.

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ASW Conversations: Opening new bay doors

Auto Service World

The 2017 Canadian Technician of the Year from CARS magazine was the lead tech at Master Mechanic High Park, the 2021 Shop of the Year. It’s not often, perhaps even rare, these days that a technician sets off on their own to open their own shop. But that’s the plunge Rui Silvestre has taken.

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Pepsi Paid For 100 Tesla Semi Trucks In 2017, But Has Only Received 36

Jalopnik

Tesla’s Semi truck, promised to deliver 500 miles of range , easy hauling, and low cost of operation, was unveiled in November of 2017. At the time dozens of fleets around the world placed orders for hundreds of trucks. The two largest orders, however, were for UPS and Pepsi, ordering 125 and 100 trucks respectively. Pr… Read more.

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2017 Maintenance Statistics

Automotive Fleet

Overall, passenger car maintenance costs per unit, per month increased 5-7% percent in 2017. These costs include higher labor and parts cost.

Car 52
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2017 Operating Costs Statistics

Automotive Fleet

Statistics covering operating costs for 2017. In this report, we cover overall and depreciation costs for compact cars, intermediate cars, light trucks, minivans, SUVs, and full-size vans.

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UAW Is Getting Serious About Contract Negotiations With BMW, Striking Is on the Table

autoevolution

In 2017, BMW scored a net profit of over $9.7 In 2022, the automaker that Consumer Reports says makes the best cars pulled off a miracle and almost doubled its net income. The company made its shareholders $18.9 Now, US unionized workers want a bigger piece of that huge pie, and they are getting serious about it. continue reading. )

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2017 CAR in Pictures

Automotive Fleet

CAR was highlighted by discussions addressing trends that will affect the future of the remarketing industry. The conference was held March 1 to 2 at the Paris hotel in Las Vegas and was held in partnership with the International Automotive Remarketers Alliance (IARA) and the National Auto Auction Association (NAAA).

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