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Used-Vehicle Sales Hold Steady in May as Inventory Tightens, Prices Dip

According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in May remained steady month over month compared to April.  A total of 1.53 million used vehicles were sold at retail – from both franchised and independent dealers – during May, flat month over month and 4% higher compared to the … Continued

New-Vehicle Sales Normalize, Dealers Manage Leaner Lots Amid Tariff Uncertainty

Despite news headlines suggesting the auto market would see more tariff-price increases by now, the new-vehicle market has largely remained stable. After hitting a peak in sales pace in April, the new-vehicle market has continued to slow from there. The market has returned to seasonal norms, including a typical bump in sales over the Memorial Day … Continued

Kelley Blue Book Report: New-Vehicle Prices Hold Steady in May, As Automakers and Dealers Work To Offset Tariff-Driven Cost Increases

According to new data released today from Cox Automotive’s Kelley Blue Book, the average new-vehicle transaction price (ATP) in May was mostly unchanged from April, as the new vehicle sales pace slowed. Key takeaways from the May report include: NEW-VEHICLE AVERAGE TRANSACTION PRICE Quote from Erin Keating, Executive Analyst, Cox Automotive “While tariff policy is … Continued

Auto Credit Access Improves in May

In May 2025, the Dealertrack Credit Availability Index showed a modest improvement in auto credit access across several key metrics. The All-Loans Index rose to 96.7, up from 95.5 in April, marking a 1.2-point increase month over month and continuing a gradual upward trend in credit availability. Dealertrack Credit Availability Index Auto loan access was up in May and up year over … Continued

Wholesale Used-Vehicle Prices Decrease in May

Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in May compared to April. The Manheim Used Vehicle Value Index (MUVVI) declined to 205.2, representing a 4% increase from the same time last year and a 1.4% decline from April levels. The seasonal adjustment slightly lowered the decline seen in the … Continued

EV Market Monitor – April 2025

In April, the electric vehicle (EV) market faced several challenges, reflecting broader economic trends. New EV sales experienced a decline both month-over-month and year-over-year, although the market share in April saw a slight increase compared to March. Manufacturers had mixed results, with some reporting growth and others facing significant decreases. Meanwhile, the used EV market … Continued

Wholesale Used-Vehicle Prices Decrease in First Half of May

Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined from April in the first 15 days of May. The mid-month Manheim Used Vehicle Value Index fell to 205.9, showing a rise of 4.4% from the full month of May 2024. The seasonal adjustment lowered the reading of the index for the month, … Continued

Retail Used-Vehicle Sales Mixed: April Down Month Over Month, Up 12% Year Over Year

According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in April1 decreased month over month compared to March.  A total of 1.57 million used vehicles were sold at retail – from both franchised and independent dealers – during April, down 3.6% month over month and up 11.6% year over year. Days’ … Continued

Used-Vehicle Inventory Improves as Sales Start to Slow

According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of May have increased month over month but are down compared to early May 2024. 2.22M Total UnsoldUsed Vehiclesas of May 1, 2025 43 Days’ Supply $25,547 Average Listing Price 71,423 Average Mileage As May opened, the total supply … Continued

Consumers Face Challenges as New-Vehicle Inventory Drops 7.4% in April Amid Tariff Uncertainty

Even as the whipsaw of changing tariff policy continued to dominate the headlines, the dynamics of the April new-vehicle market unfolded as expected. New-vehicle sales momentum continued from the end of March and into April, before beginning to taper off. New-vehicle inventory declined further, by 7.4% from March, according to the Cox Automotive analysis of vAuto Live … Continued