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6 min read
China Races for Gold in the EV Olympics While the world’s attention was fixated on the Summer Olympics in Paris, a different kind of global competition is also unfolding. China,… Read Article
5 min read
Central Dispatch® Unveils Fully Integrated Transportation Marketplace for Clients, Lays Foundation for the Future ATLANTA – August 16, 2024 – On its journey to transform the vehicle transportation experience for shippers, brokers and carriers, Central Dispatch… Read Article
3 min read
Notable Increase in Reported Sales Drives Used-Vehicle Inventory Lower in July The dealer management system (DMS) outage that disrupted sales and inventory reporting over the previous month continues to create volatility in our… Read Article
2 min read
Used Retail Vehicle Sales Increase in July According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in July increased from June, rising… Read Article
3 min read
New-Vehicle Inventory Remains Stable, While Days’ Supply Reporting Is Bumpy Due to DMS Outage An industry-wide disruption in June, due to a cyber breach at a widely used dealer management system (DMS) supplier, has created volatility… Read Article
2 min read
New-Vehicle Affordability Improved in July to Best Level in Three Years New-vehicle affordability improved in July to the best level in three years as incentives grew and rates drifted lower, according to the… Read Article
5 min read
New-Vehicle Sales Incentives Climb Higher in July, According to Kelley Blue Book Estimates ATLANTA, Aug. 13, 2024 – New-vehicle prices were lower year over year for the 10th consecutive month in July. Higher inventory levels and… Read Article
5 min read
Auto Credit Availability Declines for Fourth Consecutive Month in July July 2024 marked the fourth consecutive month of auto credit availability decline, with all lender types and channels tightening credit access, according… Read Article
3 min read
Auto Market Weekly Summary Highlights: July saw the average transaction price of a new vehicle remain almost identical to the previous month, presenting a 0.2% decrease… Read Article
7 min read
Wholesale Used-Vehicle Prices Increased in July Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were higher in July compared to June. The Manheim Used Vehicle… Read Article