Used-vehicle and CPO sales surge in July as demand holds steady
On the Dash:
Used-vehicle sales rose 9% in July, up 7% year over year.
CPO sales jumped 11% in July, up 5% year over year.
New-car affordability and easier credit...
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
Cox Automotive
Used-vehicle demand outpaces supply as sales surge in July
On the Dash:
July sales rose 9% month over month and 7% year over year, as affordability challenges in the new-car market push buyers toward used vehicles.
Dealer lots held...
July sees boost in new-vehicle affordability and incentives
On the Dash:
New-vehicle affordability improved in July, aided by higher incomes, lower prices, and stronger incentives.
Average monthly payments fell to $748, with median weeks of income needed dropping...
New-vehicle inventory steadies at pre-tariff levels amid surging EV demand, rising incentives
On the Dash:
U.S. new-vehicle inventory began August at 2.68 million units, matching pre-tariff levels, with a 73-day supply.
EV sales are rising ahead of the September 30 tax credit...
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U.S. auto sales remain flat in July as tariff pressures and high prices persist
Cox Automotive projects that July’s U.S. new-vehicle sales will hold steady at a seasonally adjusted annual rate (SAAR) of 15.6 million. This marks a slight increase from June’s 15.3 million...
Wholesale used-vehicle prices fall slightly in early July
Wholesale used-vehicle prices declined 0.7% in the first half of July on a seasonally adjusted basis, according to Cox Automotive’s mid-month Manheim Used Vehicle Value Index (MUVVI), which now stands...
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