News
Used EVs Strengthen Overall Electric Vehicle Market
The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
Read More →The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
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The tariff announcements have spurred activity that suggests the wholesale market will see a sizeable increase in the Manheim Index in April.
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Commentary/Analysis: Look for likely higher prices across the broader economy, with the auto market heading into uncharted territory — a rough road indeed.
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CAR 2025: A JD Power expert ties together the leading automotive sales and supply trends among vehicle buyers facing the disruptions of impending tariffs this month.
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Rental fleet sales accounted for the monthly increase but weren’t enough to sustain a Q1 increase compared to last year.
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Analysis: Experts from Cox Automotive say in the near term, after a short surge in buying, vehicle sales will likely fall amid price increases, and OEMs may eliminate some models if tariffs persist.
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Industry data and economic experts emphasize the need to focus on the facts and long-term trend lines as media coverage and political messaging may not always interpret the information accurately.
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CAR 2025: A stirring combination of lower off-lease supply, constrained inventory, rental-fleet right-sizing, muted wholesale prices, and record EV sales are all contributing to an overall market still trying to catch up to pre-pandemic levels.
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CAR 2025: The varied recognitions celebrate achievements and service across the industry.
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Gallery: Scenic San Diego attracts a variety of vehicle consignors, auctions, remarketers, and vendors to connect at the 30-year annual business gathering.
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Pricing trends showed a decrease in new EV transaction prices, aided by incentives, making them more affordable, while used EV prices increased slightly.
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