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Q4 2024 Manheim Used Vehicle Value Index Call Replay Available

A replay of the Q4 2024 Manheim Used Vehicle Value Index Call held on Wednesday, Jan. 8, is available below. Cox Automotive Chief Economist Jonathan Smoke, Senior Director Jeremy Robb, and Scott Vanner, a senior analyst on the Economic and Industry Insights team, presented the latest Manheim Used Vehicle Value Index and the major economic and industry trends … Continued

Wholesale Used-Vehicle Prices Decreased in December

Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in December compared to November. The Manheim Used Vehicle Value Index (MUVVI) fell to 204.8, an increase of 0.4% from a year ago. The seasonal adjustment to the index reduced the change for the month, as non-seasonally adjusted values declined at a … Continued

Protected: Manheim Used Vehicle Value Index Data Files

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Cox Automotive Auto Market Report: Jan. 7

Cox Automotive’s Auto Market Report video delivers a comprehensive analysis of the current automotive market. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. This video covers a wide range of topics, including consumer spending patterns, consumer sentiment, retail vehicle sales, financing rates, supply dynamics, pricing trends and leading … Continued

Auto Market Weekly Summary

Key Highlights Strong Q4 Momentum in Auto Market The auto industry continues to show resilience despite challenges in consumer confidence and purchase plans. Economic Growth and Consumer Spending The final estimate of the third-quarter real GDP showed a stronger pace of growth at 3.1% from the 2.8% prior estimate. Home Sales and Mortgage Rates All … Continued

Used-Vehicle Inventory Flat to Start December, Days’ Supply Drops With Strong Sales

According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of December were unchanged from November but lower than in early December 2023. 2.18M Total UnsoldUsed Vehiclesas of Dec. 5, 2024 46 Days’ Supply $25,565 Average Listing Price 69,734 Average Mileage As December opened, the total supply of used … Continued

Used Retail Vehicle Sales Increase in November

According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in November1 increased by nearly 2% month over month from October.  A total of 1.4 million used vehicles were sold at retail – from both franchised and independent dealers – during November, up 13% year over year. Days’ supply of used vehicles … Continued

EV Market Monitor – November 2024

As 2024 draws to a close, the U.S. electric vehicle (EV) market continues to gain momentum. November saw steady growth in sales for both new and used EVs, with inventory tightening and narrowing the gap between EVs and ICE+ models. Additionally, the average transaction price for new EVs and the average listing price for used EVs … Continued

New-Vehicle Inventory at Start of December Modestly Higher, as Sales Pace Indicates Santa is Coming

November saw another month of increased sales pace as consumers and dealers alike expressed optimism and confidence in the economy and vehicle availability. Inventory increased by just over 8,700 units through the month of November. Sales increased by 6.5%, with 67,000 more units sold in November compared to October. 3.15M Total Inventoryas of Dec. 5, … Continued

The Federal Reserve Fades into the Background as Other Factors Take Center Stage

The Fed confirmed today that they have stuck to the plan of cutting another quarter point in the Fed Funds Rate, but their outlook for additional cuts was scaled back. Rate policy is now expected to move only a half point in 2025, which is half of what they projected just three months ago. This … Continued

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