For the full year, Cox Automotive estimates sales for used retail were down about 3%, curtailed by a constrained supply of newly used vehicles in the market.
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CAR 2024: Joe Miller will enliven the Conference of Automotive Remarketing with a presentation on new ways to view personal and professional success.
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All major vehicle segments saw price declines compared to last month, with most categories exceeding the average industry decline.
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A female mechanic is leading an initiative to honor and recognize women’s crucial role in the transportation industry and support for those fighting breast cancer.
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Tesla price cuts that shook up the market and challenged the profitability picture for all automakers.
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In another high profile indicator of consumer EV skepticism, the auto rental giant will sell off the EVs to avoid further financial losses.
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While sales reached all-time highs, the oft-reported slowdown in the pace of growth is real as electric vehicles still remain too expensive for many average car buyers.
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The inspection technology closely combs a car’s exterior during the check-in and check-out process and generates a complete damage report within seconds.
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The leading consignors trade group and the producer of the annual Conference of Automotive Remarketing (CAR) align to bolster event offerings and better serve the remarketing industry.
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Manheim expects constrained growth with a volume increase of less than 1% in 2024, indicating a return to a more normal market.
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