New-vehicles sales in 2021 increased less than 4% compared to 2020, but sales of electrified vehicles continue to surge. In all, nearly 1.5 million electrified vehicles – the combined total of EVs, hybrids and plug-in hybrids – were sold in…
Our Kelley Blue Book team has finished their final tally of 2021 auto sales in the U.S. market. Total volume by the Kelley Blue Book count came in at 15,061,885, a solid year by historical standards. But it was far…
Revised, Feb. 17, 2022 – Used-vehicle inventory rose in December with the days’ supply hitting 51 for the first time since January 2021, and the average listing price exceeding $28,000 for the first time ever, according to the Cox Automotive…
Service centers at U.S. franchised dealerships were busier in December than in November, according to the latest analysis of Xtime metrics. Both the Repair Order Volume Index and the Repair Order Revenue Index increased in December versus November. Repair order…
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.8% in the first 15 days of January compared to the month of December. This brought the Manheim Used Vehicle Value Index to 238.0, a 46.0% increase…
This post has been replaced. Click below for the estimated used-vehicle SAAR and volume.
Following similar dynamics each month this fall and winter including another new record on average price paid and another low for incentives, new-vehicle affordability declined again in December. December’s affordability decline was again caused by most vehicle market factors moving…
Revised, Feb. 16, 2022 – New-vehicle inventory, particularly for domestic automakers, continued to climb, exceeding 1 million units near the end of December, according to a Cox Automotive analysis of vAuto Available Inventory data. Prices also kept rising, setting new…
2021 certified pre-owned (CPO) sales nearly reached Cox Automotive’s forecast of 2.8 million, narrowly missing 2019’s record-breaking performance by only 2.2%. With 2,748,164 units sold in 2021, CPO sales outpaced 2020 with a 5.4% increase. “We lost ground in the last part…
New-vehicle average transaction prices (ATPs) increased further into record territory in December 2021 to reach $47,077, according to new data released today by Kelley Blue Book. Prices are sharply elevated from last year, up nearly 14% ($5,742) from December 2020…
