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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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Follow growing deliveries of new units; prices fall due to new units’ price cuts.
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Reuters expose shows employees passed around intrusive videos and clips captured by customers’ automobile cameras.
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Company reports that de-icing agents can cause frame corrosion.
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Joins growing list of retailers boosting or starting their own infrastructure.
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Just two of its EV, hybrid models qualify for full federal break after stricter limits issued.
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Sales reflect improved inventories across industry over last year.
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Move comes despite calls from officials to retain it for public safety.
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The used retail active listing volume index reverted back to one at the start of 2023. Currently, the index sits at 0.95 points.
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Still, rising competition and an uncertain economy threaten EV maker's quarter-on-quarter sales growth.
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