Days’ supply reaches highest level since March 2021
New-vehicle days’ supply in November reached the highest level since March 2021, but improving inventory did little to soften continued ...
Tag: inventory
Rental companies step up remarketing activity
Car rental companies are increasing their remarketing activities at auction and have pulled back on wholesale purchases even as OEM ...
Dealer sentiment reaches lowest point since pandemic’s start
U.S. auto dealers are primarily concerned with rising interest rates and deteriorating economic conditions, leaving them with a dim outlook ...
Fed: Rising interest rates deter automotive buyers
Vehicle sales were mixed in November as rising interest rates discouraged buyers even as supply rebuilt and demand remained robust. ...
New-vehicle sales pick up YoY in November
New-vehicle sales are expected to improve on a year-over-year basis in November despite a sequential slowdown over the holiday sales ...
New-vehicle inventory reaches highest level since May 2021
New-vehicle days’ supply in October climbed to the highest level since May 2021, while used-vehicle inventory slightly declined amid easing ...
RumbleOn F&I revenue falls 14%
RumbleOn’s third-quarter earnings were marked by a decrease in finance and insurance (F&I) revenue as unit sales fell and new-vehicle ...
Used-vehicle values fall YoY for 2nd straight month
Used-vehicle values plummeted year over year in October in tandem with used-retail sales and consumer confidence. The Manheim Used Vehicle ...
