Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined 1.5% in the first 15 days of February compared to the full month of January. This brought the Manheim Used Vehicle Value Index to 232.8, which was up…
Revised March 16, 2022 – New-vehicle inventory, boosted by growing supply from domestic automakers, edged higher in the last weeks of January, according to a Cox Automotive analysis of vAuto Available Inventory data. Prices retreated from their December peak, dipping…
Bucking the worsening trend throughout most of last year, new-vehicle affordability managed to improve slightly in January despite interest rates moving higher. The improvement in affordability for the month was driven by a decline in prices combined with growth in…
Certified pre-owned (CPO) sales in January fell to 166,309 units. This total is down nearly 11% from December’s 186,748 and down nearly 17% from January 2021. January’s CPO result is the lowest monthly total since April 2020. CPO sales have been in…
Access to auto credit expanded in January according to the Dealertrack Credit Availability Index for all types of auto loans. The All Loans Index increased 0.4% to 102.0 in January, reflecting that auto credit was easier to get in the…
New-vehicle average transaction prices (ATPs) decreased to $46,404 in January 2022, according to new data released today by Kelley Blue Book, after reaching a record high in December 2021. Prices fell 1.8% ($839) month over month mostly due to fewer luxury…
Manufacturers continue to prioritize retail over fleet, with sales into large fleets falling 48% month over month in January to 97,707 units. JANUARY 2022 FLEET SALES Combined sales into large rental, commercial, and government buyers were down 36% year over…
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) were essentially unchanged in January compared to December. The Manheim Used Vehicle Value Index increased slightly to 236.3, which was a 45.0% increase from a year ago. The non-adjusted…
Ford reports fourth-quarter and full-year 2021 financial results after the stock market closes on Thursday, Feb. 3. Analysts speculate that Ford may surprise again with better-than-expected results. Every unit of Ford, from Ford Credit to international operations to North America,…
General Motors reports fourth-quarter and full-year 2021 financial results after the stock market closes on Tuesday, Feb. 1, and is expected to post solid results. The headline news for the year was that GM was outsold by Toyota, in the…
