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NewsApril 18, 2017

Cox Automotive Names New Chief Economist

Cox Automotive has named Jonathan Smoke as its new chief economist, according to a company announcement. In his new role, the company added, Smoke will be responsible for leading the creating of an economic industry insights office.

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NewsApril 11, 2017

Used-Car Values Could Fall by 50%, Morgan Stanley Says

A new report from Morgan Stanley warns that used-car values could fall by 25% to 50% in the next four to five years.

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NewsApril 10, 2017

Manheim: Used-Car Reports Signal Stability

While wholesale used-vehicle prices declined by 0.5% in March, the Manheim Used Vehicle Value Index — a measure of wholesale prices adjusted for mix, mileage and season — came to a reading of 124.1. This is an increase of 1.3% from a year ago.

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NewsApril 7, 2017

Used Vans, Cars Bolster March Depreciation

Used cars outperformed trucks in March, as full-size pickups, compact vans, compact cars, and sporty cars increased in value, while as overall used vehicles depreciated 0.6%, according to Black Book.

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Videosby StaffMarch 30, 2017

2017 Conference of Automotive Remarketing

The 2017 Conference of Automotive Remarketing (CAR) was held March 1 to 2 at the Paris Las Vegas hotel, and was host to nearly 700 remarketers and consignors.

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NewsMarch 30, 2017

Tom Webb to Retire as Cox Automotive's Chief Economist

Tom Webb will retire as Cox Automotive's chief economist after a more-than-four-decade career, where he became a leading voice about the economic health of the automotive industry.

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NewsMarch 21, 2017

Used Car Prices 'Softening,' ADESA's Kontos Says

February provided "further concrete evidence of softening" of used vehicle prices during a month that usually shows improvement from January, ADESA's Tom Kontos wrote in his monthly Kontos Kommentary.

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NewsMarch 16, 2017

Auction Academy Expands Training Program

The Auction Academy is expanding its training to include commercial and government fleet managers, commercial account representatives, and dealers for the first time in its five years of existence, the continuing education organization has announced.

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NewsMarch 13, 2017

Black Book Creates Vehicle Retention Index

Black Book will begin offering the monthly Used Vehicle Retention Index to measure the strength of used wholesale market values, the company has announced.

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NewsMarch 11, 2017

Mitsubishi Mirage Tops Cheapest Cars to Lease List

The Mitsubishi Mirage topped a list of the most affordable cars for retail leasing under a methodology that relies heavily on depreciation as a driver of total leasing costs.

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