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The year-over-year declines in wholesale used car prices indicate a return to pre-pandemic conditions rather than waning demand.

Wholesale used car prices decline 5% year-over-year in April

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Wholesale used car prices declined for the first time this year. According to April's latest Manheim Used Vehicle Value Index, prices decreased 3% from...

Weekly roundup: Tesla Q1 earnings, Buick debuts last ICE, revised EV...

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Earlier this week: Rivian announced the expansion of its Adventure EV charging network, Lincoln debuted its new Nautilus SUV, the Treasury Department's revised EV...

GM’s infotainment debacle, investment bank downgrades Rivian, Lucid stumbles in Q1

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Inside Automotive  Better inventory, bigger prices: what Q1 says about the 2023 car market - Charlie Chesbrough | Cox Automotive The car market's strong first-quarter performance...
supply and sales

Cox Auto tracked supply and sales improvements in February

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A Cox Automotive report has revealed that February new-vehicle supply and sales grew year-over-year. Available Inventory data from vAuto showed that overall supply grew by...
CPO

CPO sales stronger than predicted in February — Cox Automotive

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According to Cox Automotive, Certified Preowned (CPO) sales are up year-over-year despite expectations of a decline. CPO sales climbed 1.9% to 205,946 units from January...
new light vehicle sales

Cox Auto expecting new light vehicle sales to grow 4% in...

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In its February forecast, Cox Automotive revealed expectations for new light vehicle sales to grow 3.9% from January and 4% from the same time...
Cox Automotive

Used vehicle inventory nears pre-pandemic levels in October — Cox Automotive

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According to Charlie Chesbrough, senior economist at Cox Automotive, asking prices for vehicles are now reflecting decreased wholesale prices. By Thanksgiving, he continues, "the...

FTC returns $9.8 million after lawsuit, Carvana stock downgraded, Lucid Air...

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Inside Automotive: A breakdown of US auto industry performance in October with Charlie Chesbrough New-vehicle sales volume has been stuck around the 1.1 million mark for...
new car sales Cox Automotive, 2023, interest rates

Oct. new car sales likely to increase and finish with 1.11...

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Cox Automotive released its October forecast this week, showing that new car sales volume in the US is likely to increase compared to last...

October US sales forecast, Penske Q3 earnings, new study from CarGurus

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Inside Automotive: Consumer Focus: Is the Tesla buying experience really that good? Tesla has led the market for electric vehicles in the US for many years now....