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Used Vehicle Sales Softened and Stayed on Seasonal Course
2013-05-28 02:13:32| AutomotiveDigest.com - Automotive Industry News
Softening of the wholesale used vehicle sales and pricing environment stayed on course rising seasonally but falling annually in April. It was similar to market conditions in March, according to Tom Kontos, Executive Vice President & Chief Economist at ADESA Analytical Services in his monthly Kontos Kommentary. Retail sales also were down year-over-year for 1st time this year. Dealers were still able to see month-over-month sales growth and. April wholesale prices were up 0.7% from March, and down 4.5% from April 2012; the largest monthly increases were concentrated in Retail UV Sales Down Year-Over-Year for Franchised and Independent Dealers; but for month-over-month results, both dealer types saw Click here to read the entire Kontos Kommentary analysis report, that includes sales results on all three of the major auction seller groups.The Article Used Vehicle Sales Softened and Stayed on Seasonal Course appeared first on Automotive Digest.
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Category:Automotive