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The agency sent warning letters to dozens of auto groups about what it described as illegal practices and urged them to ensure their pricing policies enable transparency with consumers.
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Electric models, though, made headway last year in the rankings.
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Wholesale auction activity revived last week after the holiday slowdown.
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Cox forecasts they’ll do as well this year despite expected obstacles.
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2024 saw shift in consumer preferences toward individuality, desire for stability.
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Small 2024 shift shows they may have stopped declining from pandemic-era inflation.
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Cox forecasts 2025 sales, including EVs, to get healthy bump as buying conditions improve.
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Late-year surge defies seasonal decline patterns, shrinking inventory.
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Typical late-year wholesale price depreciation was a tad under the prepandemic average.
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