CBT News, April 9, 2019 — First quarter sales data has recently been released for the auto retail industry, and there are several trends that indicate some headwinds and tailwinds for the rest of the year. Here to talk in-depth…
The Hill, By Jonathan Smoke, April 9, 2019 — Mexico is arguably our most important trading partner for the automotive market, both for fully-assembled vehicles and, even more importantly, for parts to go into vehicles assembled in the U.S. Of new…
The wholesale market plays a central role in facilitating the flow of used vehicle inventory. Like 2018, this year is poised to be a great year for offsite digital volume growth. That does not mean traditional auction volume will collapse,…
A replay of the Q1 Manheim Used Vehicle Value Index Call hosted by Cox Automotive Chief Economist Jonathan Smoke and Zo Rahim, manager of economics and industry insights for Cox Automotive, is available below. During the call, Jonathan and Zo presented…
Mexico is arguably the most important U.S. trading partner for the automotive market, both for fully-assembled vehicles and, even more importantly, for parts that go into vehicles assembled in the U.S. Of new vehicles sold in the U.S. in 2018,…
Fears of an economic slowdown eased a bit thanks to a strong job growth report and better-than-expected new vehicle sales. Job growth rebounds: Job creation rebounded in March from anemic growth in February, relieving fears of a more dramatic slowdown…
ATLANTA (April 5, 2019) – Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.58% month-over-month in March. This brought the Manheim Used Vehicle Value Index to 136.0, a 4.0% increase from a year ago. Looking at trends…
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.58% month-over-month in March. This brought the Manheim Used Vehicle Value Index to 136.0, a 4.0% increase from a year ago. Looking at trends in weekly Manheim…
The Washington Auto Show opened in our capital city this week, and this show is not like other auto shows. Yes, there was new vehicles on carpet for likely buyers to crawl through, but the D.C. show is more a…
The already struggling Chevrolet Bolt electric car got another jolt this week when the federal tax break on it was reduced. Beginning April 1, the once $7,500 federal tax break for purchasing an electric vehicle began winding down for General…
