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Cox Automotive Commentary: November U.S. Auto Sales Boosted By Good Deals and Solid Inventory

While fewer automakers are reporting monthly sales numbers, the team at Cox Automotive has been tracking results as they can. Our take: November was another solid month of auto sales in the U.S. There were plenty of incentives in play…

Part I: How Consignors Achieve Millions in Profit Lift By Choosing Manheim As a Strategic Partner for Pricing Wholesale Vehicles 

I regularly speak to consignors about the importance of using technology and data to make faster, smarter decisions. We know that every day is sale day now that nearly half of all wholesale vehicles are purchased through a  digital channel.…

Cox Automotive Commentary: Tesla Pickup Truck Reveal

UPDATE, Nov. 22, 2019 – With the unveiling of the Tesla Cybertruck, the analysts and editors at Kelley Blue Book and Autotrader provided some initial comments based on what they saw, either live or through the webcast. From Karl Brauer, executive…

Year-End Incentive Complexity Is A Real Grinch

Auto manufacturers are cranking up incentive programs for the year-end close-out. The advertised offers look very compelling, but the level of conditions to qualify for the most attractive mix of programs could not be any more complex. In other words,…

Kelley Blue Book Q3 Brand Watch: SUVs, Tesla and Technology Headline Luxury Story

Luxury vehicle shopping was as robust in the third quarter as it was in the previous quarter or a year ago, driven by interest in SUVs and Tesla, according to the Q3 Kelley Blue Book Brand Watch™. Kelley Blue Book…

Large Dealer Groups See Double-Digit Increase in Q3 Used-Vehicle Sales

New-vehicles sales year over year remain weak and are down 1.2% year to date but are in a better position than last quarter. Fleet sales are up 4% this year, but retail sales are down 2%. The used-vehicle market, on…

Nissan: Sales Fall Despite Soaring Incentives

Nissan Motor Co. in Japan reports earnings Tuesday, November 12, for the quarter ended September 30, its second quarter since its fiscal year ends March 31, 2020. In the U.S., one of Nissan’s largest markets, Nissan USA’s sales fell to…

This Week in Car Buying

Kelley Blue Book’s Senior Managing Editor Matt DeLorenzo writes This Week in Car Buying, a weekly column on KBB.com. In this week’s news, Matt reports that just in time for Veteran’s Day, Ram has launched a line of “Built to Serve…

Seasonally Adjusted Wholesale Prices Improve Slightly

Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.29% month over month in October. This brought the Manheim Used Vehicle Value Index to 140.3, a 0.4% decrease from a year ago, and the first year-over-year decline…

Honda: Sales, Incentives Rise; Prices Dip

Honda Motor Co. in Japan reports earnings Friday, November 8, for the quarter ended September 30, its second quarter since its fiscal year ends March 31, 2020. In the U.S., one of Honda’s largest markets, American Honda sales rose, but…