Used car prices are dropping—Is it enough to bring in buyers?
There is no doubt that the auto industry as a whole has been drastically shaken up since the beginning of the pandemic, and this includes the used car market. Volatile...
TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%
TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%
TSLA354.080-22.285%
GM87.7600.54%
F14.6200.21%
RIVN15.740-0.17%
CYD37.430-0.24%
HMC32.670-0.37%
TM197.110-2.76%
CVNA74.5901.16%
PAG219.7700.15%
LAD386.8107.83%
AN212.3605.18%
GPI300.76016.43%
ABG217.2601.85%
SAH81.0001.58%
Manheim
Wholesale used vehicle prices dropped 3% in September — Manheim
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 by 3.0% from August to September,...
Wholesale used-vehicle prices decrease in June, supply stabilizes
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 normal levels, demand is still high,...
Cox Automotive releases mid-April wholesale used-vehicle update
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 month of March. Prices dropped one...
Cox Automotive’s Grace Huang & Brad Burns on improving the digital wholesale buying process for auto dealers
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 Group at Cox Automotive, and Brad...
Cox Automotive’s Chief People Officer Janet Barnard talks about the importance of diversity and inclusion in the auto industry
After more than 32 years at Cox Enterprises, Janet Barnard is retiring in June. Barnard has held many roles with the organization, and she currently holds the title of Chief...
Wholesale prices begin to normalize on usual inventory levels
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 report for September, wholesale used vehicle...
CBT Automotive Newscast: August 24, 2020
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, new car sales came out to...
Manheim’s Joe Kichler Discusses Ramping Up Transportation Activity to Meet Wholesale Demand
While there’s been a lot of focus on how the COVID-19 pandemic has impacted automotive retail sales and inventory management strategies, it has also dramatically affected how dealers transport vehicles...
Manheim’s Alan Lang Discusses The Benefits of Virtual Auctions
Like many other businesses, COVID-19 disrupted Manheim operations in a huge way. Moving to an all-simulcast, digital, environment presented many logistical challenges for customers and staff. As things in the...
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