Mitsubishi's product range in the U.S. has been limited, resulting in reduced consumer interest and a market share of only 0.6% last year. However, the company plans to come back...
In order to calculate five-year depreciation rates, iSeeCars examined more than 1.1 million vehicles sold between November 2022 and October 2023. This data's historical comparison revealed that depreciation was lower...
With a possible recession on the horizon for the U.S., it is more important than ever for dealers to understand the status of consumer finances. Melinda Zabritski is the Senior...
As the dust settles on the 2023 car market, dealers are obsessively watching for signs of change. The year promises to be pivotal for the automotive industry, and even though...
A crystal ball look into the 2023 used car market will be cloudy as this part of the industry responds to more stable new car supplies and higher consumer borrowing...
According to the Manheim Used Vehicle Value Index, wholesale used vehicle prices rose 2.5% between the ends of December and January. During the same period, used vehicle sales also rose...
Not only can innovations like imaging technology speed up processes in the used vehicle market, but they can also improve workplace safety and make transactions more transparent. Grace Huang is...
Cox Automotive has published a surprisingly positive forecast for 2023's used-vehicle market, predicting slightly better sales and a market normalization.
The data used for its analysis was sourced from the Manheim...
CarMax has announced cuts to hiring and stock buybacks in an effort to recoup from a devastating third quarter.
The company suffered an 86% profit decline in the last stretch of...
Market researchers at Edmunds believe that 2023 will bring a small but noticeable increase in new vehicle sales thanks to slight economic recoveries seen throughout the year.
The report, published this...