Cox Automotive

Total Used-Vehicle Sales Down 12% YOY in June

Chip shortages and surging demand are squeezing used vehicle sales while inflating prices.

Enterprise Holding’s Will Withington Headlines ICRS Keynote

The 2021 International Car Rental Show’s keynote features three fireside chats on the car rental industry post pandemic. Withington and experts from Cox Automotive and CarTrawler will explore the travel recovery, macroeconomic conditions, vehicle supply, and pricing and booking trends in car rental and the larger travel spectrum.

Manheim: Mileage on Rental Risk Units Reach Record Highs

For April, Manheim’s rental risk unit share fell to the lowest level since 2002. Rental car companies are net buyers, not sellers, of wholesale used vehicles right now, says Cox Automotive’s Jonathan Smoke.

Used Vehicle Inventory Plummets Due to Brisk Sales

Strong spring sales thanks to tax refunds and stimulus checks depleted the supply.

Wholesale Prices Show Seasonal Strength

Wholesale used vehicle prices increased 0.9% in the first 15 days of October compared to the month of September, bringing the mid-month Manheim Used Vehicle Value Index to 162.7, a 16.0% increase from October 2019.

Wholesale Prices Continue Record Highs in August

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.

Wholesale Prices Hit Record High in July

Wholesale used vehicle prices increased 5.84% month over month in July, bringing the Manheim Used Vehicle Value Index to 158 a 12.5% increase from a year ago and another record-high for the Index, which also occurred in June.

Wholesale Prices Reach Record High

Wholesale used vehicle prices increased 8.95% month over month in June, bringing the Manheim Used Vehicle Value Index to 149.3, a 6.3% increase from a year ago and a new record-high for the Index.

Manheim Used Vehicle Index in May Rebounds After Collapse in April

Wholesale used vehicle prices increased 8.96% month-over-month in May 2020, bringing the Manheim Used Vehicle Value Index to 137%, which is 1.9% lower than it was at the same time in 2019.

Overall Light-Vehicle Sales Down in May but Expected to Rise

The COVID-19 pandemic is still plaguing the light vehicle market, but May’s sales pace is still expected to be a giant step forward on the path to recovery.

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Total Used-Vehicle Sales Down 12% YOY in June

Enterprise Holding’s Will Withington Headlines ICRS Keynote

Manheim: Mileage on Rental Risk Units Reach Record Highs

Used Vehicle Inventory Plummets Due to Brisk Sales

Wholesale Prices Show Seasonal Strength

Wholesale Prices Continue Record Highs in August

Wholesale Prices Hit Record High in July

Wholesale Prices Reach Record High

Manheim Used Vehicle Index in May Rebounds After Collapse in April

Overall Light-Vehicle Sales Down in May but Expected to Rise

Update Your Address

Where your issues are sent

Total Used-Vehicle Sales Down 12% YOY in June

Enterprise Holding’s Will Withington Headlines ICRS Keynote

Manheim: Mileage on Rental Risk Units Reach Record Highs

Used Vehicle Inventory Plummets Due to Brisk Sales

Wholesale Prices Show Seasonal Strength

Wholesale Prices Continue Record Highs in August

Wholesale Prices Hit Record High in July

Wholesale Prices Reach Record High

Manheim Used Vehicle Index in May Rebounds After Collapse in April

Overall Light-Vehicle Sales Down in May but Expected to Rise

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