CAR 2025: The professional education and development program for the vehicle auction industry marks another milestone with the recent graduation of Class 8.
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More than $105,000 was raised to provide recreational opportunities for young people with disabilities.
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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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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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NAAA member auctions hit 7.6 million sales in 2024 as volume growth offset lower prices for a $105 billion total sales value.
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