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Used-Vehicle Sales Jump in February
Softening prices, rising credit availability and higher tax refunds could be behind February’s sales pace rise and accompanying dip in inventory, according to Cox Automotive.
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SEARCHMENUSEARCHSoftening prices, rising credit availability and higher tax refunds could be behind February’s sales pace rise and accompanying dip in inventory, according to Cox Automotive.
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Cars lowest-ever on their list, compounding an already ‘bloated’ supply.
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Research shows dozens of models have potentially dangerous part.
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Typical price increases may not happen this year, Black Book says.
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CDK Global’s monthly purchase scorecard highlights buying trends in light of rising interest rates, inflation.
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U.S.-Canada corridor would span about 900 miles between Michigan and Quebec.
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Class-action payouts to total more than $200M among nine million owners.
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Interest rate hikes, other economic pressures, probably led to decline, Cox says.
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Automakers would have to include it or inform buyers of its absence before bill passed.
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Q1 statistics show market hasn’t returned to prepandemic norms.
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