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Weekly Values Show Spring Bounce Continues

Within the car segment, subcompact cars, compact cars, full-size cars, and sporty cars realized...

Overall car segment values last week were up 0.29%, compared to up 0.25% the week before. Overall truck segment values were up 0.19% last week, compared to a decline of 0.01% the week before.

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EV Sales, Loyalty Reach Record Highs

2018 was a watershed year for battery-electric vehicle sales, which reached 208,000 registrations.

The U.S. market for fully electric vehicles has reached record volumes with 208,000 new registrations in 2018, all while loyalty rates of EV buyers continues to grow, according to recent analysis by business intelligence firm IHS Markit.

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Used Fleet Vehicle Values Rise 2.3% in March

Average wholesale prices for used vehicles remarketed by fleet/lease consignors were up 2.3% on...

The spring / tax season market uptick helped make March a strong month for used vehicle sales, and late-model sedans from fleet leasing consignors continue to outperform their SUV/CUV counterparts, according to Tom Kontos, KAR's chief economist.

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Open Recalls Fall 8% in 2018

The number of vehicles on U.S. roads with an open recall fell significantly in 2018.

There are presently 52 million vehicles with open recalls on the nation’s roadways, a significant decline from the 63 million in 2017 and the 57 million in 2018, according to the latest annual findings from Carfax.

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Manheim Orlando Gets $4.8M Recon Center

Executives, employees, clients, local business leaders, and elected officials gathered April 9...

Manheim cut the ribbon on a new, 80,000-square-foot body shop and reconditioning center at the auction provider’s Orlando, Fla., center Tuesday. The new facility is the product of a nearly $5 million investment in Manheim’s second largest wholesale location.

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2019 Depreciation Rate Up Sharply to 15%

In a new report published in partnership with Fitch Ratings, Black Book analysts say a growing...

Black Book analysts forecast an annual depreciation rate of 15% in 2019 as the supply of used cars and trucks increases, up from a "noticeably strong" 12.4% depreciation rate in 2018.

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Auto Loan Interest Rates Hit 10-Year High

The annual percentage rate on new financed vehicles is expected to average 6.36% in March, compared to 5.66% last year and 4.44% five years ago, according to the latest report from Edmunds.