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Edmunds is forecasting 1,392,434 new vehicles sales through September, representing a 5.4% decline from March and an 8.3% decline from the same time last year.
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CAR 2024: Unlike a combustion engine, an EVs long-term value is maintained daily, based on the unique charging habits and battery management of its owner.
Read More →New-vehicle sales are expected to be down 3% compared to the same time last year, for a total of 1.3 million retail and fleet vehicles sales during February, which lowers the estimated seasonally adjusted annual rate (SAAR) to 17.1 million compared to February 2016’s 17.6 million SAAR.
Read More →Carvana’s Ernie Garcia and Parkmyfleet CIO Kristin Slanina will bring their latest insights for consignors and auctions at the International Automotive Remarketers Alliance annual Summer Roundtable.
Read More →While prices and supply stabilize somewhat, the overall supply is far below historical levels, said Charlie Chesbrough, Cox Automotive senior economist.
Read More →AI has already evolved into a must-have tool for remarketers to work with greater clarity, make faster decisions, and run smarter digital marketplaces and business operations.
Read More →SmartAuction, a wholesale remarketing Web site, says it achieved record sales of Avis Budget Group vehicles during the first quarter of 2009.
Read More →Market watchers had been expecting this slowdown to come earlier in the summer, but deals could still be made. Now there just isn’t enough product available.
Read More →Days’ supply climbed to 49, the highest since May 2021. The question now is: Will demand keep up with supply?
Read More →But sales are declining as car shoppers face limited inventory, high prices and historically low incentives.
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