Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.5% from July in the first 15 days of August. The mid-month Manheim Used Vehicle Value Index increased to 202.6, which was down 4.5% from the full month…
The dealer management system (DMS) outage that disrupted sales and inventory reporting over the previous month continues to create volatility in our reporting. As of the end of June, the impacts ended up inflating days’ supply levels and lowering sales,…
According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in July increased from June, rising by 27.6% month over month. A total of 1.6 million used vehicles were sold at retail – from both…
Revised, Sept. 19, 2024 – An industry-wide disruption in June, due to a cyber breach at a widely used dealer management system (DMS) supplier, has created volatility in reporting of sales and days’ supply across Cox Automotive’s data sets. This…
New-vehicle affordability improved in July to the best level in three years as incentives grew and rates drifted lower, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “New-vehicle affordability saw an improvement in July, even as auto credit availability…
ATLANTA, Aug. 13, 2024 – New-vehicle prices were lower year over year for the 10th consecutive month in July. Higher inventory levels and higher incentives have shifted the U.S. auto market to favor buyers, but high loan rates and tight credit…
July 2024 marked the fourth consecutive month of auto credit availability decline, with all lender types and channels tightening credit access, according to the Dealertrack Credit Availability Index. The All-Loans Index was 92.9 in July, down 1.0% from a downwardly…
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were higher in July compared to June. The Manheim Used Vehicle Value Index (MUVVI) rose to 201.6, a decline of 4.8% from a year ago. The seasonal adjustment to…
New research released today by Cox Automotive shows that fleet owners operating both electric vehicles (EVs) and their traditional, fuel-burning counterparts have higher levels of satisfaction with their EVs. The Future of Fleets: Path to EV Adoption suggests that, compared…
Updated, Aug. 16, 2024 – According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of July were lower than in June, as a widely used dealer management system (DMS) outage disrupted…
