From Cox Automotive this week (Mid July 2026….): Used vehicle sales dropped a slight 1.6% in June, while prices were up 6% year-over-year, according to data from Cox Automotive. Driving the news: Used retail sales started a slowing trend after a busy spring tax season in the data from Cox Automotive’s vAuto. The numbers show […]
The used EV market continues to expand, supported by improving supply and a growing wave of off-lease returns, reinforcing the used market’s increasing role in broadening consumer access and supporting overall EV adoption, according to the latest numbers released by Cox Automotive on June 16. That meant the EV market overall showed further signs of […]
With the number of off-lease vehicles finding their way back to dealer lots dwindling, certified pre-owned sales continue to lag. CPO sales dropped 11.2% year-over-year in March, according to data from Cox Automotive. What we know: CPO sales slumped, even as overall used sales finished only slightly down, 2.9%, from March 2025, when sales surged […]
According to Cox Automotive today, April 13 2026: Manheim wholesale prices for used vehicles rose year over year in March, driven in part by stronger consumer demand for used cars. The details: According to Cox Automotive, its Manheim Used Vehicle Value Index (MUVVI) rose to 215.3, up 6.2% YoY and marking its highest level since […]
From a March 13, 2026 Cox Automotive report: According to Cox Automotive’s analysis of vAuto Live Market View data, February used-vehicle inventory levels were down month over month but higher than in February 2025. The used-vehicle sales paces improved in February, as prices softened modestly from January. Nationwide, dealers – both franchised and independent – […]
From the March 7 2026 edition of the Wall Street Journal: When the German automaker Volkswagen revealed it would create a brand called Scout Motors—with a lineup of rugged, all-American electric and hybrid trucks and SUVs—Fred Ippolito started making plans. Ippolito, a Volkswagen dealer, bought a vacant retail lot next door to his dealership in […]
From this week’s (February 21, 2026) edition of the Car Dealership Guy (which is a pretty good source of current information…): Despite federal tax credits ending, used EV sales have risen sharply, according to a first-quarter report from Recurrent. That shift equals opportunity for U.S. dealers navigating affordability pressures and historically tighter overall used supply. […]
From the February 12, 2026 issue of “Issues and Insights”: When Stellantis last week announced it was writing down $26 billion, the CEO of the car company that now owns Chrysler, Antonio Filosa, said it was “part of a decisive process we started in 2025 to once again make our customers and their preferences our […]
Trucking fraud is still out there! From the 1/26/26 edition of Vehicle Remarketing: With fraudulent schemes on the rise, 2025 has seen a sharp spike in stolen vehicles across all major load boards. Carriers, shippers, and their numerous fleet and dealer clients who transport vehicles must learn to distinguish between red flags and green lights. […]
We are not big on tooting our own horn, but many of our business friends ask, “….hey, did you have a good year last year?…”. So, yes, we did. A quick review of some good stuff we accomplished last year: We celebrate our 25th year in business. Using both commercially available tools, AND our own […]
