Used-Vehicle Market Tight
November Cox Auto numbers show demand outpaced supply.
November Cox Auto numbers show demand outpaced supply.
Some carmakers pull back on production, further fatten incentives.
Incentives, discounts help more consumers afford to buy, cut into dealer profits.
November access tightens across channels, most lender types, Cox says.
Led by a drop in commercial fleet deliveries, decline was more widespread than Detroit.
Prices were off, though demand proved steady in wholesale, Cox Automotive says.
Survey shows other shops surpassed them for the first time as the service pie grows.
The nods, topped by best new model - the Toyota Prius - are based on analysis of vehicle-related data, including pricing, consumer reviews and ratings, five-year cost-to-own information.
Volume fell to a five-year low for the month, though revenue had a healthy bump.
Cox study show buyers and dealers see the benefits, though it needs work.
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