Auto Rental News, January 2020

20 Fact Book 2020 AUTO RENTAL NEWS MARKET DATA REMARKETING MANHEIM USED VEHICLE VALUE INDEX 2009201020112012201320142015201620172018201990120150Millions201420152016New Retail201720182019E2020E2021E0102030405060New FleetUsed1321401421413030292913713639439539539214714728386263802536724358 SOURCE MANHEIM Through October the Manheim Used Vehicle Value Index stood at 1387 beating last years record high for the same period However recent patterns show an acceleration of depreciation year over year SOURCE COX AUTOMOTIVE OVERALL SALES OUTLOOK VEHICLE SALES BY YEAR AND TYPE ACTUAL AND FORECAST In 2019 new vehicle retail sales are expected to deflate slightly compared to the year previous while fleet sales will come in flat to slightly higher year over year However this estimate comes in stronger than last years reporting when Cox Automotive predicted retail sales of 137 million for 2019 and fleet sales of 29 million Estimates for 2020 have been revised upward as well

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