Used Values Continue Fall
December decrease part of trend toward normalcy that’s expected this year.
December decrease part of trend toward normalcy that’s expected this year.
Post-pandemic settling to bring normalcy, falling dealer profit.
November volume decreases as revenue balloons on inflation. Cox advises addressing consumer trust to avoid a free fall.
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.