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Trending Auto Retail News

New Vehicle Prices Hold Steady in July, but Still Elevated

Affordability remains top of mind for potential car buyers and while July did not bring the price break many surely hoped for, it did provide some consistency in what’s been a whirlwind of a year. According to Kelley Blue Book, the average transaction price (ATP) for...

Embracing Dealership Upgrades as a Growth Opportunity

Embracing Dealership Upgrades as a Growth Opportunity

Pressured to comply with carmakers’ evolving branding and design standards, auto dealers can be reluctant to get started on the requested upgrades to their dealerships. They worry that the renovations will be too costly and difficult to execute, or that construction...

Used Vehicle Prices Drop Slightly in July While Sales Increase

Used Vehicle Prices Drop Slightly in July While Sales Increase

Wholesale vehicle prices saw a 0.5 percent decrease month over month in July according to the Manheim Used Vehicle Value Index. The index fell to 207.4, a small drop from June but still 2.9 percent higher than in 2024. Seasonal adjustments changed the results a bit as...

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