Third-quarter depreciation ran well ahead of seasonal norms as fuel costs and rising interest rates weighed on larger, less efficient vehicles Wholesale used-vehicle prices fell more than usual in September, pulling the Manheim Used Vehicle Value Index (MUVVI) down 1.1% from August to 205.9 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported […]
Geely Auto Enters Canada, Plans First Vehicle Sales in 2027
Geely Auto Group has begun setting up operations and building a retail and service network in Canada for its mainstream Geely Auto brand, with the first vehicles scheduled to reach Canadian consumers in 2027, the Chinese automaker announced Oct. 9. In the U.S., the Commerce Department’s Connected Vehicle Rule bars sales by China-controlled automakers beginning […]
NHTSA Finalizes Fuel Economy Rollback, Ends Credit Trading and Reclassifies Crossovers
Agency says changes should reduce crashes and vehicle maintenance costs. The National Highway Traffic Safety Administration (NHTSA) on Sept. 28 released its final rule resetting Corporate Average Fuel Economy (CAFE) standards for passenger cars and light trucks for model years 2022 through 2031, setting requirements the agency projects will reach a fleetwide average of roughly […]
Shipper Alliance Taps Tesla for 2,500-Truck Electric Class 8 Order
A coalition of large cargo-owning shippers has enabled an order for 2,500 battery-electric Class 8 trucks, with Tesla selected as the primary manufacturer, in what organizers said is the largest electric truck order to date in the United States. Catalyst Mobility, the clean transportation nonprofit formerly known as CALSTART, and the Smart Freight Centre announced […]
Solera Explores Cooperation With China’s CATARC to Support NEV Makers’ Overseas Expansion
Solera said Sept. 23 that it aims to become a global partner to China’s new energy vehicle (NEV) manufacturers as they expand into international markets, following a meeting between its leadership and the China Automotive Technology and Research Center (CATARC), the country’s national-level automotive technical research and certification authority. The meeting, held in the presence […]
TD Cowen Calls Chinese Car Fears Overdone as Lawmakers Urge Trump to Keep U.S. Market Closed
Analysts at TD Cowen told clients Sept. 22 that major changes to U.S. auto import policy are very unlikely to come out of President Donald Trump’s meeting with Chinese President Xi Jinping, whose visit to Washington begins Sept. 23, and that the recent selloff in auto stocks on fears of Chinese automakers entering the U.S. […]
Manheim Used Vehicle Value Index Falls 1% in First Half of September
Prices dip below year ago levels. Wholesale used-vehicle prices declined in the first 15 days of September, pulling the Manheim Used Vehicle Value Index (MUVVI) down 1% from August to 206.2 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported Sept. 18. The index is now 0.4% below September 2025, its first year-over-year […]
RCAR Newsletter Details EV Battery Repair Costs, Labor Time Methods and ADAS Claim Trends
Research Council for Automobile Repairs reports on insurance industry research on collision repair issues from across the globe. The June 2026 newsletter from RCAR, the international Research Council for Automobile Repairs, compiles research from more than 20 insurer-backed centers on five continents, with electric vehicle battery repairability, repair labor time methodology and the claims impact […]
AAA Puts Annual Vehicle Ownership Cost at $12,863 as EVs and Hybrids Enter Category Averages
The average cost to own and operate a new vehicle reached $12,863 a year, or $1,071.92 a month, according to AAA’s 2026 Your Driving Costs analysis released Sept. 15. The study retires the standalone hybrid and electric vehicle categories AAA used in prior editions and distributes those models into the body-style categories that previously held […]
Manheim Used Vehicle Value Index Firms Late in August, Ends 0.4% Above Year Ago
Late-month strength reverses a flat midmonth reading Wholesale used-vehicle prices strengthened in the closing weeks of August, leaving the Manheim Used Vehicle Value Index (MUVVI) at 208.2 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported Sept. 8. The index finished 0.9% below July and 0.4% above August 2025. The full-month reading reverses […]
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