Manheim used-vehicle values rise 0.4% YoY
December wholesale used-vehicle values rose from 2023 but declined sequentially following year-over-year price declines in every product segment. The ...
Tag: Cox Automotive
Projected 2024 SAAR of 15.8M outpaces expectations
Fourth-quarter sales jumped in the new- and used-vehicle markets, with both sectors outpacing levels reported a year ago as supply ...
American Honda Finance projects 30% lease penetration in 2025
American Honda Finance Corp. is looking to maintain a lease penetration of close to 30% through 2025, outpacing the forecasted ...
Credit availability up 0.8% year over year
Credit access improved in November across all lender types amid improved yield spreads and increased approval rates. The DealerTrack Credit ...
ATP reaches 2024 high, up 1.5% year over year
Average transaction prices rose for the second month in a row in November, reaching their highest level of 2024. The ...
Rising inventories lead to ramp up of incentive spending
Higher new-vehicle inventory has led manufacturers to ramp up incentive spending to swiftly move supply. New-vehicle inventory surpassed 3 million ...
Manheim Used Vehicle Value Index down 3.2% year over year
Wholesale used-vehicle values fell year over year in October as the market felt the effects of hurricanes Helene and Milton. ...
Used vehicle market: Not what it used to be
The used-vehicle market isn’t what it used to be. Pandemic-induced supply chain shortages coupled with a downturn in leasing have ...
