1H new-vehicle sales up 11% YoY, fueled by fleet
TROY, Mich. — New-vehicle sales in the first half of the year were stronger than anticipated, up 11% year over ...
Tag: Cox Automotive
Used-vehicle inventory down 11% YoY
Used-vehicle inventory remained down year over year in May as used listing prices reached their highest level since January. The ...
New-vehicle inventory at 2-year high
New-vehicle inventory industrywide reached its highest level in two years, inching closer to a normal days’ supply, while listing prices ...
Independent dealer floorplan use remains steady
Floorplan use remains unchanged for independent dealerships amid low inventory but has increased for franchise dealers due to growing new-vehicle ...
Rental fleet sales up 74% YoY
Rental fleet sales propped up overall vehicle sales in May, jumping 74% year over year, driven by replacement of older ...
Chance of recession declines alongside rise in debt ceiling
PLANO, Texas — The odds of the United States economy falling into a recession declined as the debt ceiling was ...
Used-vehicle values continue sequential dip
Used-vehicle values continued their downward slide in May as used-car retail sales held steady sequentially but lagged last year’s levels. ...
Lease returns at auction double YoY
Lease check-ins at auction have nearly doubled year over year as lease equity begins to trend lower following a huge spike ...
