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Used Market Stabilizes
The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
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SEARCHMENUSEARCHThe Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
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Milestone drives high demand for acquisitions, record-high prices for some franchises.
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NADA lauds measure, saying it preserves competition for consumers’ good while helping to preserve dealers’ livelihoods.
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Pattern could reverse as other market movements influence shoppers.
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The automaker predicts over 50% of its sales will be electric vehicles before 2030.
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Tax credit change that requires EVs be assembled in North America cited for the surge.
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Limits on repair locations and exclusive parts increase repair times and cost.
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Used-retail active listing volume index index sits at 0.99 points.
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It will focus on electric and digital efforts, particularly in China and North America.
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Up both month-over-month and year-over-year in surprise turn.
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J.D. Power study says BEV recalls are major factor in first decline in decades.
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