New-Vehicle Affordability Declines Again in May
The typical monthly payment hits a record of $712.
June 26, 2022
The typical monthly payment hits a record of $712.
June 26, 2022
The average listing price as May closed dipped to $28,312, compared with a revised $28,372 at the end of April.
June 24, 2022
May’s CPO sales result is the lowest since February, also down over 22% from May 2021.
June 17, 2022
The average price paid for a new vehicle in the U.S. last month was the second-highest on record, behind only December 2021, when average transaction prices reached $47,202.
June 9, 2022
All major market segments saw seasonally adjusted prices that were higher year over year in May, except for pickups.
June 7, 2022
Broken down, government fleets were up 5.9% YOY, commercial fleets down by 0.1%, and rental fleet volume down 33% from last May.
June 6, 2022
The acquisition supports the launch of the EBlock platform in the U.S. Southeast market.
June 4, 2022
The 16 auction operations take on the name of America's Auto Auction, which XLerate bought in January.
June 3, 2022
Its auction segment began in 2019 and has led the two segments with triple-digit growth for three years .
May 25, 2022
The digital auction company is collaborating with Thoughtworks to expand capabilities, accuracy and transparency.
May 24, 2022
Prices remained steady at already-elevated levels, and the conversion rate bumped up in March.
May 20, 2022
The average listing price at the end of April was $28,365, surpassing the $28,000 mark for the first time since December 2021.
May 20, 2022
Year to date, the total used-vehicle market is on pace to finish down more than 10% from 2021’s 40.6 million total.
May 19, 2022
Used vehicle marketplace KAR Global has now sold all of its ADESA U.S. physical auction business to Carvana. KAR will continue to operate its online auction portal Openlane.
May 10, 2022
The overall used-vehicle market is experiencing a weaker spring than expected
May 9, 2022
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