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Manheim UVVI: used vehicle prices slumps after hurricaines pass

Jonathon Smoke of Cox Automotive. He joined the company as chief economist in April 2017.

Atlanta, Georgia — January 10, 2018 — Used vehicles prices have softened in the wake fierce hurricane season. The Manheim Used Vehicle Value Index—which accounts for wholesale pieces adjusted for mix, mileage and season—came to a reading of 132.0 last December. While a 5.6 pointover last year, is also marks the lowest levels seen since […]

Canada: cooling on cars, picking up on pickups

While car shares are the lowest total in over fifty years, sales of light-trucks are record-breaking.

By CRM staff Richmond Hill, Ontario — January 10, 2018 — While sales of cars slipped in Canada last year, it was a record-breaking year for vehicle sales overall, thanks to the number of light trucks bought by Canadians, according to a report released by DesRosiers Automotive Consultants. With Canadians buying more than two million […]

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