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All Smoke on Cars Commentary & Voices Data Point Economy & Trends
1 min read
Car Share Continues to Come Down December 6, 2018   Share of car sales in the new-vehicle market came in at 28.8 percent in November - the lowest monthly level in U.S. automotive history. The previous low was set in August 2018 at 29.7 percent. “The market continues to abandon cars, with no end in sight,” said Karl Brauer, executive publisher, Autotrader and Kelley Blue Book. “Automakers have slowed or stopped production and buyers are… Read Article
Market Insights Data Point
1 min read
Average Transaction Prices Trending Up December 6, 2018 Average transaction prices for new vehicles are up with light trucks seeing the strongest growth. New-vehicle prices increased by $769 (up 2.1 percent) from November 2017, while remaining flat (down 0.1 percent) from last month. "There were mixed average transaction price results among automakers in November 2018, even though the industry average did rise 2 percent," said Tim Fleming, analyst for Kelley Blue Book. "Much of… Read Article
Market Insights Data Point
1 min read
Incentives Down Year-over-Year in September October 16, 2018 Incentives as a % of Average Transaction Price (new vehicles) trending down. Retail sales are down less than 1% YTD - OEMs are taking advantage of strength to lessen discounting and slow down the growth in incentives. Read Article
Market Insights Data Point
1 min read
Manheim Used Vehicle Value Index Reaches Record High October 5, 2018 According to Manheim, wholesale used vehicle prices increased 0.14 percent month over month in September. This brought the Manheim Used Vehicle Value Index to 139.9, which was a 3.7 percent increase from a year ago and a new record high for the Index. Read Article
Manheim Used Vehicle Value Index Market Insights Data Point
1 min read
Auction Volumes Are Declining and No Longer Supporting Growth in Used Sales October 5, 2018 Absolute volumes peaked in 2017; growth remains limited to offsite online channels and growth in off-lease. Read Article
Market Insights Data Point