Welcome to the monthly Manheim Market Insights update. This month, Mark Schirmer. director of Corporate Communications at Cox Automotive, is filling in for Kevin Chartier, vice president of Manheim Market Insights, who is retiring from Manheim. In January, Jeremy Robb, senior director of Business Intelligence, will be picking up the narrative for this monthly check-in on what we are seeing in used wholesale and retail markets, all through the wide lens of the data available from Cox Automotive.
This month’s video highlights the impact of higher interest rates, used-vehicle retail inventory and pricing, the Mid-month Manheim Used Vehicle Value Index as well as 10 predictions for 2023 from Cox Automotive.
We hope you find this overview helpful, and that you look for it the third week of each month in your efforts to stay up to speed with the used-vehicle market. Sign up for biweekly updates on the industry’s most important topics, and bookmark the Auto Market Snapshot, a one-stop dashboard for the data our team is tracking.