The tightening of days' supply for new and used electric vehicle markets shows healthy consumer interest.
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Analysis: The proposed levies would add further price pressure to an auto industry already facing affordability challenges.
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Cox Automotive is forecasting retail used vehicle sales in 2025 to reach 20.1 million, an increase of about 1.2% compared to 2024.
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The integratIon will bring Carvana’s inspection and reconditioning center functions to the ADESA Indianapolis auction site, while maintaining digital and in-lane auction operations.
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CAR 2025: The commander of the U.S.S. Cole, attacked by al-Qaeda terrorists in 2000, will keynote the conference, drawing on his frontline experience with leadership and crisis management.
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Electric vehicle sales of all ages hit the highest tally ever recorded for any month-to-date, while sales of used rental cars spiked the under two years segment.
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The Manheim index is at its highest point since October 2023, after the market saw stronger-than-usual gains in non-seasonally adjusted values.
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The national auction services provider buys Car-Tech Auto Auction as part of it expands its network for car buyers and sellers.
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CAR 2025: Remarketing businesses that figure out their EV strategies now gain the most market share in coming years.
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Commentary: No mainstream automaker will be immune to the pain, which will almost certainly be transferred to buyers through higher prices. The U.S. auto market already has an affordability problem.
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