Autoblog: Repairs

AUGUST 14, 2024

Vehicle prices continued a downward trend in July — the most of any major category in the Consumer Price Index (CPI) over the last year as the car market continues its return to "normal" following pandemic-fueled inflation. Used car prices fell 2.3% New car prices fell 0.2% Prices for used cars and trucks are still 16.9%

Used Cars 52

Used Cars Car Finance Vehicle 52

Auto Remarketing

OCTOBER 22, 2024

Sending a full-size truck to auction appears to be as much of a heartburn-triggering situation for franchised dealers as seeing that new model sitting in inventory and on the store floorplan for 100 days or more. Power showed the numbers crunch unfolding that might again be pitting the used-car department versus the new-car division.

Trucking 98

Trucking Retail Automotive Used Cars 98

AutoSuccess

MARCH 28, 2024

A 2022 Bureau of Labor Statistics report reminds us that from the 2007 to 2009 recession — and through the onset of the pandemic in 2019 — “car and truck dealerships faced an economic shock and compressed profit margins on new vehicles.” These two critical variable functions are integrated today.

Used Cars 93

Used Cars Management Retail Vehicle 93

Auto Remarketing

OCTOBER 24, 2023

Like the number of teams still alive in the MLB playoffs, used-car prices are dropping in October. Compared to the pre-pandemic reading in September 2019, prices were up 36.6%. Segment trends The Kontos report indicates that car segment prices climbed 2.7% Trucks, meanwhile, were up 0.7% year-over-year.

Vehicle 52

Vehicle Used Cars Trucking Car 52