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ANALYSIS: Used cars will no longer contribute to inflation. They should be a source of deflation in the months ahead.
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Manheim expanded its Digital Block sales, adding seven more locations with in-lane bidding with a live auctioneer; however, vehicles are only displayed on screens and never travel down physical lanes.
Read More →Auto manufacturers are ready to pump out more cars. Could this mean higher incentives and lower residuals?
Read More →Citylink, a new carsharing service in Bucharest, has launched with a fleet of 150 hybrid vehicles.
Read More →Analysis: Experts from Cox Automotive say in the near term, after a short surge in buying, vehicle sales will likely fall amid price increases, and OEMs may eliminate some models if tariffs persist.
Read More →The number of used vehicles for sale had been increasing after hitting a low point in March but that increase in inventory stalled in mid-July and into August, as sales unexpectedly picked up.
Read More →Wholesale used vehicle prices increased 3.64% month over month in August, bringing the Manheim Used Vehicle Value Index to 163.7 a 15.8% increase from a year ago and another record-high for the Index, which also occurred in June and July of 2020.
Read More →Higher interest rates, coupled with high gasoline prices and high vehicle prices, are keeping used sales in Q2 low.
Read More →While luxury vehicles continue to struggle, overall vehicle values held steady last week, according to Black Book’s Oct. 8 Market Insights report.
Read More →LAS VEGAS – Anne Marie Delligatta of Autobytel.com, in a speech given at the Conference of Automotive Remarketing, described how the Internet, contrary to what some people think, is an efficient...
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