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The average price likely will stay relatively high since few new vehicles have been sold in recent years, and little leasing was done.
Read More →Conditions have shifted to favoring buyers, but with tight supply, the market is not far from being balanced between buyers and sellers.
Read More →Estimates shows strong sales gains from rental, government, and commercial sectors as the supply chain squeeze of 2021-22 continues to ease.
Read More →Vehicle shoppers now have a much better chance of finding something that fits their needs as improved supply relieves pent-up demand.
Read More →Analysis: Consumers are repairing vehicles and holding them longer to avoid historically high used-car prices. The real question is: How long will used inventory remain tight and prices above normal?
Read More →Dealer lots are no longer empty, with far more selection for vehicle shoppers who may have been waiting to buy a particular model.
Read More →Quarterly sales of electric vehicles break the 250,000 mark while rising to 7.2% of total vehicle sales in the U.S.
Read More →Overall sales are up in the quarter, including for fleets. However, headwinds are growing and inventory levels are moving back above the pre-pandemic normal, suggesting a slowing of demand.
Read More →CAR 2023: Amid so much change on so many industry fronts, remarketers need to discern the main drivers that are transforming daily operations
Read More →Although prices are falling, they likely won't decline too much given the tighter inventory compared to 2021.
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