New Vehicle Sales Plummet to Record Lows in 2022
Sales of new automobiles plunged to under 14 million vehicles in 2022, the lowest since 2011, reports Kelley Blue Book.
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Used Vehicle Prices Skyrocket as New Vehicle Inventory Wanes
Wholesale used vehicle prices have increased 37% over the past 20 weeks and used retail prices rose 15% since the end of 2020.
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