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Dealer OPS & Leadership

November New-Vehicle Sales Pace Expected to Hold Steady

November New-Vehicle Sales Pace Expected to Hold Steady

New-vehicle sales for November are expected to maintain a steady seasonally adjusted annual rate (SAAR) of 16.0 million, an increase from last November’s SAAR of 15.5 million consistent with the sales pace observed in October, according to the Cox Automotive forecast...

Understanding the Impact of the Election on Automotive Sales

Understanding the Impact of the Election on Automotive Sales

Election years always come with some uncertainty, but for the automotive industry, they also bring unique opportunities. As I’ve discussed with our Industry Insights team at Cox Automotive, we’re seeing several trends emerge from the latest Kelley Blue Book data that...

Used-Vehicle Prices Rise in First Half of November

Used-Vehicle Prices Rise in First Half of November

Wholesale used-vehicle prices were up 1.6 percent for the 15 days of November, according to data from the Manheim Used Vehicle Value Index. The mid-month index sat increased to 206.1, rising 0.5 percent from the full month of November 2023. The non-adjusted price...

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