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Used Vehicle Prices Climb Higher As Sales Pace Slows
The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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SEARCHMENUSEARCHThe higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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Ever since President Trump announced auto tariffs 47 days ago, the cost of new cars has been steadily climbing.
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The national vehicle auction chain has installed EV charging stations at several locations and enhanced reconditioning facilities.
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Carriers that can adapt with new strategies and invest in emerging technology will be able to position themselves for success.
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Consumer confidence plunges worse than expected across leading indexes after tariffs and added import duties seep into automotive markets.
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America’s Auto Auction accelerates growth, adding North Bay to its fast-expanding map of market-shaping auction powerhouses.
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Commentary/Analysis: The Democratic Party has challenged the industry by pushing an aggressive green agenda while the Trump administration is now forcing tariffs – a one-two punch the industry hardly deserves.
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Meanwhile, off-rental units spike commercial vehicle sales by 40% year-over-year.
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The new approaches include enhanced password requirements, mandatory two-factor authentication (2FA), and proprietary fraud detection tools.
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As April opened, the total supply of new vehicles on dealer lots across the U.S. was down 10%+ and counting with days' supply down to 10.
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The online auction platform surpasses $15 million in used EV volume sold as the market faces an influx of off-lease vehicles.
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