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War Toll a Damper on Used Auto Prices
Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.
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SEARCHMENUSEARCHCox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.
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BMW is faring better than GM, and car dealers are coping better than component suppliers.
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Report finds that the industry continues to rely on technology and customer feedback to improve the increasingly digital car-buying experience.
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September new light-vehicle sales fell for the 5th consecutive month to a SAAR of 1.2 million units, reported the National Automobile Dealers Association (NADA).
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The seasonally adjusted Retention Index increased to 169.5 points, hitting another record this year.
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As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.
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How electric vehicles will spark new opportunities in dealerships ready for change.
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GM sales fall short of Toyota Motor Corp. over two consecutive quarters.
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Overall, recent polling indicates more Americans are feeling better about the quality of their financial life now, relative to their expectations, compared to the end of 2020.
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IHS Markit finds the average age of a car on U.S. roads rose to 12.1 years in 2021, up from 11.9 years in 2020. In comparison, the average age was 9.6 years in 2002.
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The market continued to make gains this past week, marking the fourth consecutive week of overall wholesale value increases.
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