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405 posts
Used vehicle sales decline
Approximately 3.3 million used vehicles were sold in March. The total was down nearly 4 percent from March…
Gains of wholesale used vehicle prices slow
For a second straight week price increases for wholesale used vehicles slowed. The overall market increased 0.31 percent…
Deadline nears for comment on FTC noncompete ban
The deadline for comments on the Federal Trade Commission’s proposed rule to ban noncompete clauses is Wednesday, April…
Used vehicle inventory tightens during March
The ongoing used vehicle inventory challenge appeared to worsen last month. In a report released last week by…
Certified pre-owned sales continue strong start in ’23
Certified pre-owned sales continue to rise to start the year. Through March, CPO sales are up 10 percent,…
Annual inflation slows to 5 percent in March
Inflation remains higher than the Federal Reserve’s target, but is showing some signs of slowing. The 12-month price…
Growth of wholesale used vehicle prices slows slightly
The pace for the wholesale used vehicle market slowed for the first time in more than a month…
Retail used vehicle sales show decline in March
Retail used vehicle sales took a step back in March. According to data compiled by vAuto of Cox…
Economy continues to add jobs; unemployment at 3.5%
Job growth slowed slightly in March, but unemployment remains historically low. According to new figures released Friday by…
Wholesale used vehicle prices soar into April
The robust wholesale used vehicle market is rolling into April. Used vehicle wholesale priced jumped another 0.51 percent…