The average new vehicle now transacts at or near $50,000, but Cox Automotive argues that the headline figure obscures what is actually happening in the market: today’s vehicles carry far more standard safety and technology content than they did a decade ago, and household budgets are being squeezed across nearly every category of spending, not […]
Cox Automotive Forecasts Steady June New Vehicle Sales Pace
Sales projected up year over year, but down from May. New-vehicle sales are on track to finish June at a seasonally adjusted annual rate near 16.1 million units, little changed from May and roughly in line with the pace set in March and April, Cox Automotive said in a forecast released June 24. June sales […]
Manheim Used Vehicle Value Index Rises 0.6% in Mid-June
Index climbs back toward its March peak as electric-vehicle values widen their lead over the broader market. Wholesale used-vehicle prices rose in the first half of June, lifting the Manheim Used Vehicle Value Index (MUVVI) to 213.9 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported June 17. The reading marked a 0.6% […]
Used-Vehicle Listing Prices Reach Highest Since Mid-2023 as May Sales Pace Slows
The average used-vehicle listing price climbed to $26,918 in May, the highest reading since mid-2023, even as the retail sales pace slowed, according to Cox Automotive’s analysis of vAuto Live Market View data. The figure was up 6.0% from a year earlier and 2.2% from April’s revised $26,329, marking the third consecutive month of above-normal […]
Manheim Used Vehicle Value Index Edges Up 0.3% in May
Index holds above year-ago levels as electric-vehicle values keep outpacing the broader market. Wholesale used-vehicle prices edged higher in May, but the gain trailed the typical seasonal move as values normalized from a strong start to the year. The Manheim Used Vehicle Value Index (MUVVI) rose 0.3% from April to 212.6 on a mix-, mileage- […]
Manheim Used Vehicle Value Index Edges Higher in Mid-May
Index was up both month-over-month and year-over-year. Wholesale used-vehicle prices ticked up in the first half of May, with the Manheim Used Vehicle Value Index rising 0.5% from April on a mix-, mileage- and seasonally adjusted basis and holding 3.8% above year-ago levels, Cox Automotive reported May 20. The index reached 213.1 through May 15, […]
Manheim Used Vehicle Value Index Down 1.6% in April
Index holding above year-ago levels. The Manheim Used Vehicle Value Index (MUVVI) declined 1.6% in April from a multi-year high in March, easing to 211.9 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported May 7. The index remained 1.8% above April 2025 even as the spring market cooled. Wholesale price levels are […]
Wholesale Used-Vehicle Prices Moderate in Mid-April as Retail Inventory Hits Record Low
Prices were up year-over-year but down month-over-month. Wholesale used-vehicle values pulled back in the first half of April from March’s multi-year high, while retail used-vehicle inventory fell to the lowest level on record, according to a pair of Cox Automotive reports released April 17. The Manheim Used Vehicle Value Index (MUVVI) declined to 213.0 through […]
EV Sales Decline Moderates in Q1 as Market Share Holds Near 6%
U.S. electric-vehicle sales fell 27% year over year in the first quarter of 2026 to 216,399 units, according to the latest estimates from Cox Automotive’s Kelley Blue Book. Sales were down 7.8% from the fourth quarter of 2025, a considerably smaller sequential decline than the 46% quarter-over-quarter drop recorded in Q4 — a sign that […]
Manheim Used Vehicle Value Index Hits Two-and-a-Half-Year High in March
Wholesale used-vehicle prices climbed to their highest level since the summer of 2023 in March, as strong retail demand, tight inventory and a robust spring bounce pushed auction values well above year-ago levels, Cox Automotive reported April 7. The Manheim Used Vehicle Value Index (MUVVI), which tracks wholesale used-vehicle prices on a mix, mileage and […]
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