Inventory-Related Content | Cox Automotive Inc.

Used-Vehicle Supply Stabilizes; Prices Climb 09/16/2020 Used-vehicle prices keep rising while the inventory of unsold used vehicles stabilizes and even slightly improves in contrast to new-vehicle inventory that is falling, according to a Cox Automotive analysis of vAuto Available Inventory data. As of the start of this week, the total U.S. supply of unsold used vehicles stood at 2.23 million, edging slightly up from a month ago when it was 2.20 million… Read Article

Inventory used-vehicle inventory Market Insights Data Point

New-Vehicle Inventory, Especially Luxury, in Freefall 09/10/2020 The supply of new vehicles is in freefall as the inventory of unsold new vehicles fell again in August with luxury inventory plummeting, according to a Cox Automotive analysis of vAuto Available Inventory data. The total U.S. supply of unsold new vehicles stood at 2.26 million units as of Aug. 31, down from 2.33 million at the end of July and down from 3.13 million at… Read Article

Inventory new-vehicle inventory Market Insights Data Point

Used-Vehicle Supply Low, But Stabilizing 08/20/2020 The inventory of unsold used vehicles remains low but appears to be somewhat stabilizing in contrast to new-vehicle inventory that continues to fall, according to a Cox Automotive analysis of vAuto Available Inventory data. The total U.S. supply of unsold used vehicles stood at 2.16 million vehicles at the start of this week. That is the lowest level in years and compares with 2.67 million vehicles… Read Article

Inventory used-vehicle inventory Market Insights Data Point

New-Vehicle Inventory Slumps Even Lower 08/13/2020 The supply of new vehicles is falling well below demand as the inventory of unsold new vehicles fell again, closing July even lower than June, according to a Cox Automotive analysis of vAuto Available Inventory data. The total U.S. supply of unsold new vehicles stood at 2.33 million units at the end of July, down from 2.55 million units at the end of June and down… Read Article

Inventory new-vehicle inventory Market Insights Data Point

Low Inventories May Hamper June Vehicle Sales 06/11/2020 Another surprisingly strong month of sales in May, combined with the fact that auto assembly plants around the globe are still ramping up and not all are at full production, has left inventories low, especially for trucks and specific automotive brands, notably Toyota, according to a Cox Automotive analysis. June sales have been relatively strong, according to Cox Automotive metrics, and low inventories could hamper June… Read Article

Inventory Market Insights Data Point

Turn to Earn: Speeding the Wholesale-to-Retail Process to Grow Profitability 11/29/2016 Since 2009, the gap between list price and transaction price has steadily declined. To overcome this profit margin compression, dealers must increase overall operational profitability by: Reducing overhead Freeing dealership resources to focus on profit centers Selling more vehicles at a faster rate rather than maximizing gross per unit Infusing speed and efficiency into the wholesale-to-retail process — from inventory identification, acquisition and floor-planning to inspection, transportation and… Read Article

Inventory Acquisition Wholesale Merchandising Reconditioning Inventory

Manheim Customers Gain Higher Auction Values, Expanded Marketplace via its Digital Platform 10/10/2016 Vehicles posted on OVE.com, Manheim’s 24/7 bid or buy now wholesale vehicle marketplace, are exposed to a broader range of buyers, but do they retain a higher auction value than those that are re-run through the physical lane? The answer according to a recent Manheim study is a resounding yes. In an analysis of 15 Manheim national commercial customers that list “no sales” on OVE.com, vehicles… Read Article

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Manheim Used Vehicle Value Index Report – June 2016 07/14/2016 Wholesale Prices Rise Again in June... Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased for the third consecutive month in June, resulting in a Manheim Index reading of 126.2. After rising every month in the second quarter, wholesale prices are now at their highest level in more than four years and off only 1.3% from the record high reached in May 2011.… Read Article

Operations Inventory Wholesale Inventory

Dealer Uses Trade-In Tool to Maximize Inventory Acquisition & Improve Customer Handling 06/03/2016 Case studies from Kelley Blue Book are designed to illustrate how various types of auto dealerships across the country are using tools and technology to transform their businesses. This case study looks at an Independent dealer’s experience with Kelley Blue BookSM Instant Cash Offer and how it supports a dealer’s operations in the critical steps leading to a sale – specifically the areas of vehicle selection,… Read Article

Inventory Case Study Trade-In Inventory Sales

How to Avoid Two Common Sins of Summer in Used Vehicles 07/16/2015 Special Feature by Dale Pollak, founder of vAuto. It’s not uncommon for dealers to commit two cardinal sins in used vehicles as summer gets into full swing. The first sin is the impulse to beef up used vehicle inventory to drive additional sales. Every summer, it seems, I hear from dealers who plan to add 30 to 50 units to their used vehicle inventories. Their goal:… Read Article

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