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Commercial vehicles, electric vehicles, and late model used vehicles all show strong double-digit volume increases.
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May’s CPO sales result is the lowest since February, also down over 22% from May 2021.
Read More →Days’ supply by end of November was 77% higher than at the same time a year ago and the highest since March 2021. While inventory is up from recent levels, it remains low by historical standards.
Read More →Production will increase with an easing of the chip shortage later this year and sales will rise. Prices will stay high but likely off their records.
Read More →Days' supply increased due to a slight weakening in sales toward month-end. Despite a decline in the average listing price, it remained above $47,000.
Read More →Wholesale prices remained at high levels in April, reflecting scarcity in supply and abundance of demand, according to the latest Kontos Kommentary from ADESA Chief Economist Tom Kontos.
Read More →Rising interest rates and low consumer sentiment are keeping many potential buyers out of the market while higher gas and vehicle prices are decreasing affordability.
Read More →Fleet sales have helped underpin the market improvement so far this year. Forecasts suggest fleet sales could increase by more than 40% year over year,
Read More →The partnership between Cox Automotive Mobility and Spiers New Technologies adds new service centers to support the transition to electric vehicles.
Read More →ICRS 2025: Market red flags are popping up as Trump tariffs and automotive market uncertainties roil car rental and other fleet sectors.
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