Used-Vehicle Sales Decline in October
Cox Automotive research shows sales fell 3.5% year-over-year.
Cox Automotive research shows sales fell 3.5% year-over-year.
Y-O-Y change comes despite strikes, flat incentives, Cox says.
But report says that models are still selling for much more than before Covid, and at older ages.
October loosening makes three-month trend, but access still tighter than a year ago.
Retail sales, meanwhile, were up in October, Cox says.
Cox data shows activity, revenue decreases apparently not tied to strikes.
On track to reach annual 1 million-plus milestone for the first time.
Latent demand, particularly from fleets, overcomes other market constraints.
August numbers show growth after three months of declines, Cox says.
Cox Automotive offering meant to elevate dealer service experience.
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