While down from the peak in May, prices are up nearly 9% over August 2021. Wholesale used-vehicle prices, on a mix-, mileage-, and seasonally adjusted basis, declined 3.6% from July in the first 15 days of August. The Manheim Used Vehicle Value Index fell to 211.6, which was up 8.8% from August 2021. The non-adjusted […]
Wholesale Used-Vehicle Prices Declined Slightly in July from Seasonal Adjustment
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 […]
Manheim Partners with TechForce Foundation to Support Technician Workforce Development
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 […]