Prices in all vehicle market classes dive by double-digit teen percentages with electric vehicles down the most by 19% compared to March 2023.
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Total days’ supply at the start of March fell to 44, compared with the revised 53 at the beginning of February, a 20% decline.
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The fleet maintenance provider joins the U.S. Army's PaYS program to offer former service members opportunities for future technician jobs.
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Domestic brands continue to have the highest inventory while Asian imports rank lowest.
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With new-vehicle inventory rising in the U.S., downward price pressure and higher incentives appear to be key drivers of the market’s momentum.
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CAR 2024: Attendees will be among the first to see the changes during the opening night welcome reception on March 26.
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CAR24: A March 28 session brings together big names in vehicle consignment to lay out their expectations for transporting vehicles headed to auctions.
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The centers are designed to address the industry’s skilled-labor shortage, develop future talent, increase business and client efficiencies, and position Manheim’s reconditioning operations for EV growth.
Read More →The latest numbers more activity in the lanes at Manheim in the second half of the month and finished the last week of February with some of the strongest weekly gains in wholesale prices for many years.
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CAR24: Former automotive and family entertainment executive explains why his March 27 message is more relevant than ever.
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