Wholesale prices draw even with year-ago values as the summer pullback extends Wholesale used-vehicle prices fell in the first half of August, pulling the Manheim Used Vehicle Value Index (MUVVI) to 207.4 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported. The 1.2% decline from July left the index even with August 2025, […]
GM Restricts Ordering of 12 Electric Vehicle Frame Rail Parts to Collision Repair Network
Bulletin tells insurers to route structural BEV repairs to GM Collision Repair Network shops, drawing scrutiny from the Automotive Body Parts Association. General Motors has limited ordering of 12 front frame rail service section part numbers used on select electric vehicles to collision repair facilities that are compliant with its Collision Repair Network battery-electric vehicle […]
Mitchell Reports BEV-ICE Repairable Claims Severity Gap Narrowed to Record Low in Q2
The gap in average claims severity between repairable battery electric vehicles and gasoline-powered automobiles narrowed to the lowest level on record in both the U.S. and Canada during the second quarter, according to Mitchell’s Q2 2026 Plugged-In: EV Collision Insights report released Aug. 20. Average repairable severity in the U.S. was $5,684 for BEVs compared […]
Manheim Used Vehicle Value Index Down 1.4% in July
Prices remain above year-ago levels Wholesale used-vehicle prices declined in July, pulling the Manheim Used Vehicle Value Index down to 210 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported Aug. 7. The index finished 1.4% below June and 1.3% above July 2025, a year-over-year gain that narrowed from 2.1% a month earlier. […]
Manheim Used Vehicle Value Index Down 0.6% in First Half of July
Wholesale values ease from June even as they hold above year-ago levels. Wholesale used-vehicle prices declined in the first half of July, pulling the Manheim Used Vehicle Value Index (MUVVI) down to 211.5 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported July 17. The reading marked a 0.6% decrease from June and […]
Manheim Used Vehicle Value Index Ends First Half Above Year-Ago Levels as Market Normalizes
Wholesale values closed the first half of 2026 above year-ago levels as the market eased from its March peak, while used electric-vehicle prices extended their lead over the broader market. Wholesale used-vehicle prices finished the first half of 2026 above year-ago levels, with the Manheim Used Vehicle Value Index rising 2.1% from June 2025 even […]
Polestar Refocuses on Europe After U.S. Denies Connected Vehicle Rule Authorization
Polestar will stop selling new model-year vehicles in the United States after the U.S. Department of Commerce’s Bureau of Industry and Security declined to grant the Swedish electric vehicle maker an authorization under the federal Connected Vehicle Rule, the company said June 25. The decision bars Polestar from selling vehicles in the U.S. from model […]
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% […]
Universal Technical Institute Completes Nationwide Rollout of Electric and Hybrid Vehicle Training
Universal Technical Institute (NYSE: UTI) has added battery hybrid electric vehicle and electric vehicle courses to every core Automotive Technology program it offers, making high-voltage vehicle training a standard part of the curriculum at its campuses across the country. The move feeds an automotive service workforce that the collision repair and claims industries increasingly depend […]
Lucid Begins Hands-Free Highway Driving Rollout for Gravity SUV
Lucid Group Inc. (NASDAQ: LCID) has begun deploying an over-the-air software update for its Gravity SUV that adds hands-free highway driving in North America, the centerpiece of a broader release that also revises the electric SUV’s navigation, headlights and charging functions. The hands-free capability runs through DreamDrive 2 Pro, an optional driver-assistance package that supports […]
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