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Newsby Staff and News ReportsJuly 15, 2024

Used Retail Vehicle Sales Dip in June

The CDK outage at dealerships has disrupted sales reporting amid a monthly decline.

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Newsby Martin RomjueJuly 12, 2024

Overall Wholesale Auction Volumes Rise Through June

Monthly YOY and year-to-date sales point to a commercial fleet sector moving more vehicles into remarketing channels during the last six-plus months.

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Newsby News/Media ReleaseJuly 9, 2024

Wholesale Used-Vehicle Prices Declined in June

Sales conversion is running several points above the previous three years, including 2021, indicating that buyer demand is relatively strong despite all the uncertainty in the market.

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Newsby News/Media ReleaseJuly 2, 2024

Used EV Values Crash as Buyers Prefer Gas Cars

Shoppers will no longer pay a premium for electric vehicles and consider electric powertrains a detractor, making them less desirable, iSeeCars study shows.

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Newsby News/Media ReleaseJune 14, 2024

Strong Used Vehicle Sales Lower Inventory

Affordability remains challenging for consumers, and supply is more limited at lower price points.

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Wholesale vehicle pictured in parking lot available for real-time digital online sale.
Newsby News/Media ReleaseJune 5, 2024

OPENLANE New Format Speeds Up Vehicle Wholesaling

The tool allows sellers to indicate they are committed to selling a vehicle that same day, and buyers can spot ready deals.

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Newsby News/Media ReleaseMay 20, 2024

Used Vehicle Inventory Grows Amid Tepid Spring Bounce

The average used-vehicle listing price was $25,571, up slightly from the revised $25,536 at the start of April but down 6% from a year earlier.

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Newsby StaffMay 17, 2024

Wholesale Used-Vehicle Prices Increase in First Half of May

Wholesale flattens mid-month, while used retail vehicle sales rose slightly but are still down compared to last year.

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Newsby News/Media ReleaseApril 22, 2024

Used Retail Vehicle Sales Increase in March

The 1.66 million used vehicles sold at retail are up 11% year over year compared to March 2023 and the highest volume since March 2022.

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Newsby News/Media ReleaseApril 21, 2024

As Tax Season Ends, Used Vehicle Inventory Drops 4%

Used-vehicle sales in the period were up more than 5% year over year, in line with spring fever and the tax refund season.

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