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You are here: Home / Archives for Cox Automotive

Wholesale Used-Vehicle Prices Increase in January versus December

February 8, 2023 By CollisionWeek Editor

Prices are down year-over-year on comparison to historic highs last year. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, increased 2.5% in January compared to December. The Manheim Used Vehicle Value Index (MUVVI) rose to 224.8, down 12.8% from a year ago. January’s increase was driven in part by the seasonal adjustment. […]

Filed Under: News Tagged With: Cox Automotive, Manheim, Wholesale Used Vehicle Price Trends

Electrified Vehicle Sales Hit Record in Third Quarter

October 19, 2022 By CollisionWeek Editor

Sales of electrified vehicles hit a record in the third quarter, as one of the hottest segments in the U.S. automotive market continues to make waves throughout the industry, according to Kelley Blue Book, a Cox Automotive company. More than 200,000 electrified vehicles were sold in the three-month span of Q3 – a first – […]

Filed Under: News Tagged With: Cox Automotive, Electric Vehicles, New Vehicle Sales

Wholesale Used-Vehicle Prices Continued to Decline in First Half of October

October 18, 2022 By CollisionWeek Editor

Used vehicle prices that support higher collision repair volumes are down month-over-month and year-over-year. According to the latest report from Cox Automotive, wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis declined 2.0% from September in the first 15 days of October. The Manheim Used Vehicle Value Index fell to 200.5, which was […]

Filed Under: News Tagged With: Cox Automotive, Manheim, Wholesale Used Vehicle PRices

September New Vehicle Sales Volumes Projected to Hold Steady at Low Level

September 30, 2022 By CollisionWeek Editor

Cox Automotive lowers full-year new-vehicle sales forecast. September U.S. auto sales, when confirmed next week, are expected to show a new-vehicle market mostly unchanged from previous months and still stuck in low gear. According to the Cox Automotive forecast, September U.S. new-vehicle sales are expected to finish near 1.10 million units, with a sales pace, […]

Filed Under: News Tagged With: Cox Automotive, New Vehicle Sales

Wholesale Used-Vehicle Prices Declined Slightly in July from Seasonal Adjustment

August 11, 2022 By CollisionWeek Editor

The Manheim Used Vehicle Value Index is still up 12.5% from a year ago. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, decreased 0.1% in July from June. The Manheim Used Vehicle Value Index declined to 219.6, up 12.5% from a year ago. The non-adjusted price change in July decreased 3.2% compared […]

Filed Under: News Tagged With: Cox Automotive, Manheim, Wholesale Used Vehicle Price Trends

Manheim Used-Vehicle Data Shows Signs of Market Normalcy After Unprecedented 2020 and 2021

July 8, 2022 By CollisionWeek Editor

Prices declined month-on-month, but remain nearly 10% higher than a year ago on an adjusted basis. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis decreased 1.3% in June from May. This brought the Manheim Used Vehicle Value Index to 219.9, up 9.7% from a year ago. The non-adjusted price change in June […]

Filed Under: News Tagged With: Cox Automotive, Mannheim Used Vehicle Value Index

Tight Used-Vehicle Inventory Pushes Prices Higher

September 22, 2021 By CollisionWeek Editor

AVERAGE USED-VEHICLE LISTING PRICE

The average listing price for used vehicles set another record in August as vehicle inventory dipped, according to the Cox Automotive analysis of vAuto Available Inventory data, though available supply fell, days’ supply held steady throughout August because sales slowed. Higher used vehicle prices are a positive factor for the collision repair industry as the […]

Filed Under: News Tagged With: Cox Automotive, Used Vehicle Prices

U.S. Auto Dealers Predict New Forms of Mobility to Drive Declines in Vehicle Ownership, Number of Dealerships

October 23, 2018 By CollisionWeek Editor

According to survey by Cox Automotive, dealers expect steeper decline in personal vehicle ownership than consumers. Auto dealers and consumers are more closely aligned on the future of mobility than many industry experts might imagine with both expecting significant reductions in personal vehicle ownership. In fact, dealers are predicting an even sharper decline in ownership […]

Filed Under: News Tagged With: Auto Dealers, Cox Automotive

Manheim Partners with TechForce Foundation to Support Technician Workforce Development

April 11, 2018 By CollisionWeek Editor

With a growing industry shortage of qualified auto technicians, Manheim is partnering with the TechForce Foundation on its FutureTech Success campaign. The campaign is designed to attract students to become auto technicians and create a pipeline of talent within the industry for auto technicians. As an early supporter of this effort, Manheim has made a […]

Filed Under: News Tagged With: Agreements Signed, Cox Automotive, Manheim, TechForce Foundation

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