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The year-over-year declines in wholesale used car prices indicate a return to pre-pandemic conditions rather than waning demand.

Wholesale used car prices decline 5% year-over-year in April

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Wholesale used car prices declined for the first time this year. According to April's latest Manheim Used Vehicle Value Index, prices decreased 3% from...
imaging technology

Bringing imaging technology to the used vehicle market — Grace Huang...

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Not only can innovations like imaging technology speed up processes in the used vehicle market, but they can also improve workplace safety and make...
used car prices

Used car prices are dropping—Is it enough to bring in buyers?

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There is no doubt that the auto industry as a whole has been drastically shaken up since the beginning of the pandemic, and this...
used vehicle Manheim

Wholesale used vehicle prices dropped 3% in September — Manheim

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Both the Manheim Used Vehicle Value Index and non-seasonally adjusted prices showed a steep decline year-over-year for the month of September. Wholesale used-vehicle prices decreased...
used-vehicle prices

Wholesale used-vehicle prices decrease in June, supply stabilizes

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According to the latest Manheim used-vehicle data, wholesale used-car prices dropped 1.3% from May to June. The supply of used cars has returned to...
Manheim

Cox Automotive releases mid-April wholesale used-vehicle update

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Cox Automotive has released a mid-month update on wholesale used-vehicle prices, which indicates that prices dropped more in the first half of April than the entire...

Cox Automotive’s Grace Huang & Brad Burns on improving the digital...

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At this year’s NADA Show in Las Vegas, CBT News anchor Jim Fitzpatrick had a chance to speak with Grace Huang, President of Inventory Solutions...
Janet Barnard

Cox Automotive’s Chief People Officer Janet Barnard talks about the importance...

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 After more than 32 years at Cox Enterprises, Janet Barnard is retiring in June. Barnard has held many roles with the organization, and she...
wholesale

Wholesale prices begin to normalize on usual inventory levels

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Dealers may start to notice the wholesale prices at auction slip back into more familiar territory. According to Manheim’s Used Vehicle Value Index mid-month...
auto news

CBT Automotive Newscast: August 24, 2020

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Today's Featured Interview: CBT News Market Update: Shawn Vaughn, VBM Auto Group & Sean Peoples, LotLinx On this week's episode of the CBT News Market Update,...