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Sales bump shaves supplies, especially in compact, midsize segments.
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Hits 2 ½-year low. Subprime, negative-equity shares fall.
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Cox reports that in the auto sector sales of motor vehicles and parts fell in December.
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New research from Cox Automotive shows consumer satisfaction with the car buying process declined in 2022 for the second consecutive year.
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Average vehicle transaction prices continue to soar, according to data released by Kelley Blue Book.
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Sales of new automobiles plunged to under 14 million vehicles in 2022, the lowest since 2011, reports Kelley Blue Book.
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NASCAR Driver Toni Breidinger teams up with Kelley Blue Book to test top award winner.
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U.S. auto dealers cite a poor economy, higher interest rates and low inventory as the reason why, finds the Cox Automotive Dealer Sentiment Index.
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But analysts predict used vehicle prices will remain higher than pre-pandemic prices for years to come.
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