New-vehicle inventory across the U.S. declined by 7.4% in April, falling to 2.49 million units at the start of May, according to Cox Automotive‘s vAuto Live Market View. The drop, fueled by slower production and delivery rates amid continued tariff uncertainty, has tightened supply even as demand remained elevated through early spring. At the beginning
According to the latest vAuto Live Market View data, at the start of April, used-vehicle inventory levels declined month-over-month and compared to last year. The total used-vehicle supply across U.S. franchised and independent dealers fell to 2.14 million vehicles, down from 2.18 million in March and a 1% decrease year-over-year. Sign up for CBT News’
Retail used-vehicle sales saw a strong increase in February, with 1.57 million units sold at franchised and independent dealerships, according to Cox Automotive’s vAuto Live Market View data. This marks a 16% rise from January and a 6% increase year over year, largely driven by the seasonal influx of tax refunds that typically boost consumer
Cox Automotive‘s vAuto released two new enhancements to its ProfitTime GPS and Provision platforms: Centralized Inventory Management and a revamped appraisal tool. These advanced tools will enhance dealer operations, streamline inventory oversight, and improve appraisals, helping dealers remain competitive in the market. Centralized Inventory Management vAuto’s new Centralized Inventory Management feature has some incredible