New-vehicle affordability improves 1.2% year over year
On the Dash:
The average new-vehicle price rose 0.5% in August to $50,090, putting renewed pressure on affordability.
The typical payment reached $770, up 0.5% monthly and 2.6% year over...
TSLA367.160-8.07%
GM83.040-0.96%
F12.055-0.045%
RIVN12.950-0.42%
CYD26.640-1.15%
HMC33.4500.12%
TM188.7100%
CVNA57.990-2.4%
PAG194.700-0.97%
LAD281.500-5.28%
AN153.190-2.13%
GPI228.340-3.25%
ABG161.920-2.62%
SAH60.030-1.03%
TSLA367.160-8.07%
GM83.040-0.96%
F12.055-0.045%
RIVN12.950-0.42%
CYD26.640-1.15%
HMC33.4500.12%
TM188.7100%
CVNA57.990-2.4%
PAG194.700-0.97%
LAD281.500-5.28%
AN153.190-2.13%
GPI228.340-3.25%
ABG161.920-2.62%
SAH60.030-1.03%
TSLA367.160-8.07%
GM83.040-0.96%
F12.055-0.045%
RIVN12.950-0.42%
CYD26.640-1.15%
HMC33.4500.12%
TM188.7100%
CVNA57.990-2.4%
PAG194.700-0.97%
LAD281.500-5.28%
AN153.190-2.13%
GPI228.340-3.25%
ABG161.920-2.62%
SAH60.030-1.03%
used vehicles
Used-vehicle prices jump 7% to highest average since 2022
On the Dash:
Used-vehicle listing prices averaged $27,239 in August, the highest monthly figure since December 2022.
Inventory slipped 1.1% from July to 2.13 million units, tightening days' supply to...
Wholesale used-vehicle prices dip in mid-August, Manheim reports
On the Dash:
Manheim's Used Vehicle Value Index fell to 207.4 in mid-August, now flat compared to a year ago.
Compact Cars led all segments at 2.2% year-over-year growth, while...
Used cars under $20,000 are getting harder to find
On the Dash:
Used cars under $20,000 fell from 49.3% of the market in 2019 to 11.5% today, according to a new iSeeCars study
Passenger cars saw the steepest jump,...
New York’s ‘Super Speeder’ crackdown raises a bigger question: Why were they still driving?
New York politicians are celebrating what they describe as a major victory for public safety. Governor Kathy Hochul recently signed legislation requiring certain repeat speeding offenders to install GPS-based speed-limiting...
Used-vehicle inventory grows 4% as demand softens
On the Dash:
Used-vehicle inventory increased 4% month over month to 2.12 million units.
Average listing prices climbed to $26,918, the highest level since mid-2023.
Retail used-vehicle sales fell 3.9%...
America’s salvage yards are burning. Drivers are the ones paying the price
While most Americans see scrapyard fires as local news, the real story may be unfolding in repair shops, insurance offices, and family budgets across the country.
Americans don't need another reason...
Public dealer trends reveal luxury sales insights and operational strategies – Dave Cantin Group
Welcome to another edition of Inside Automotive. Joining us on today's episode from the Dave Cantin Group are Daniel Pilger, Vice President of Business Analysis, and Brian Traugott, Partner and...
Manheim used vehicle value index rises in February amid robust dealer demand
On the Dash:
Used-vehicle prices are rising faster than seasonal norms, signaling strong dealer demand and sales conversion.
Luxury and non-electric vehicles are driving market gains, while compact cars and...
GM consolidates certified used-vehicle programs under CarBravo
On the Dash:
Dealers can expand certified inventory to include older and non-GM vehicles.
Omnichannel tools allow seamless online and in-store sales experiences.
GM-backed warranties and service support give dealers...
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