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Used Car Market Reports Review: Whats Up with Softening Prices?
2013-08-22 18:39:00| AutomotiveDigest.com - Automotive Industry News
So have you been noticing all the major used vehicle/pre-owned/remarketing reports have lately been saying that used vehicle prices are softening? You can also easily find a report, or media coverage, or blog post, saying that the used car market is pretty strong. How can that be? In this weeks Used Car Market Reports, Art Spinella and Tom Kontos address that issue. Prices are softening since a year ago and last month, but the market is still pretty strong overall. Retail demand is taking care of it you might sell used cars for less, but if youre selling more of them, the numbers start looking pretty good. The Manheim Used Vehicle Value Index is another point of reference. Yes, prices have been softening and going up and down for the past two-plus years. But look at the whole chart weve seen the highest used vehicle value point in early 2011 since that index started up in 1995. Take a look at Used Car Market Report editor Jon LeSages perspectives on where all of this is going.The Article Used Car Market Reports Review: Whats Up with Softening Prices? appeared first on Automotive Digest.
Used Car Market Down, but Not For All Dealers
2013-08-07 09:00:24| AutomotiveDigest.com - Automotive Industry News
Overall used car sales are down 3.4 percent through the first half of 2013, reports Edmunds.com, but one area of auto dealers are doing just fine. Find out which group of dealers is on top in the used-car market. [More]The Article Used Car Market Down, but Not For All Dealers appeared first on Automotive Digest.
Blue Book Market Report: Used Car Edition July 2013
2013-08-06 21:17:36| AutomotiveDigest.com - Automotive Industry News
UC+Blue+Book+Market+Report+-+July+2013The Article Blue Book Market Report: Used Car Edition July 2013 appeared first on Automotive Digest.
Europe's car market comeback not as close as it may seem
2013-07-27 10:40:37| Auto Dealers - Topix.net
The West European car industry at the moment is a bit like the proverbial Potemkin village.
Daimler lays out West European car market as Q2 net profit jumps to $6 billion
2013-07-24 12:32:44| Auto Dealers - Topix.net
Automaker Daimler AG laid out the hope of a recovery in the West European car market later this year as it reported a big jump in its second-quarter net profit following the sale of its stake in aerospace firm EADS.
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