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Car dealerships have more inventory than they did a year ago and are able to offer customers better incentives, a new report from Cox Automotive says. According to the report, the average ...
The auto industry is back pumping out new cars, and dealers are discounting again. ... new vehicle inventory at dealers is the highest it’s been since late in 2020, according to Cox Automotive.
U.S. new-car sales in 2024 continued to rise from their pandemic lows, bolstered by replenished inventories and higher incentives, analysts estimated. Sales are expected to top 15.8 million, the ...
Manheim, Inc. is an automobile auction company. As a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc. based in Atlanta, Georgia, Manheim's primary business is wholesaling vehicles via a bidding process using traditional and online formats.
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
In 1997, Autotrader.com was founded revolutionizing the way people buy and sell used cars. In 2014, Cox Enterprises brought its automotive-related businesses (which by then included vAuto and NextGear Capital) together under the Cox Automotive name. [17]
Overall, Shefska predicted a drop of between 3%-5% in new car prices by the end of new year — and even if MSRP remains difficult to force lower, greater incentive programs to offset this should ...
Edmunds.com Inc. (stylized as edmunds) is an American online resource for automotive inventory and information, including expert car reviews based on testing at the company's private facility. The company is headquartered in Santa Monica, California , and maintains an office in downtown Detroit , Michigan . [ 1 ]
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