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As April opened, the total supply of new vehicles on dealer lots across the U.S. was down 10%+ and counting with days' supply down to 10.
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The tariff announcements have spurred activity that suggests the wholesale market will see a sizeable increase in the Manheim Index in April.
Read More →Commentary/Analysis: Look for likely higher prices across the broader economy, with the auto market heading into uncharted territory — a rough road indeed.
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 →Dealer-, commercial-, and fleet-related wholesale used vehicles under three years all showed healthy double-digit yearly percentage gains.
Read More →The state joins the ranks of Ohio, Florida, Virginia, and the nationwide clearinghouse state of West Virginia in providing faster titling and lien services.
Read More →Rental, commercial, and government fleet sales fell against February 2024 numbers but are up after a slow start to the new year.
Read More →An alliance of fleet, rental car, insurance, and consumer associations are working together to expand access to the large amounts of data that vehicle systems and operations generate.
Read More →Electric vehicle sales of all ages hit the highest tally ever recorded for any month-to-date, while sales of used rental cars spiked the under two years segment.
Read More →Commercial and government fleets sales start the year with losses while rental fleet purchases show a healthy rise.
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