Used-Car Prices Show Sudden Weekly Movement in Key U.S. Markets
The used-car market was supposed to be stabilizing. After the wild swings of the pandemic years, when prices soared to unprecedented levels and buyers competed fiercely for limited inventory, the expectation was that normalcy would gradually return. Prices would soften. Supply would rebuild. The frenzy would fade into memory. For a while, that appeared to […]
U.S. Dealers Report Rising Unsold EV Inventory in January
Electric vehicles are piling up on dealer lots across the country, with January inventory levels reaching their highest point in over a year. Dealers report that EVs are sitting an average of 82 days before selling, nearly double the 46-day average for gas-powered vehicles. The surplus spans multiple brands and price points, from affordable compact […]