Black Book observed wholesale vehicles priced competitively, fueling demand. Get its full weekly report here.
Auctions saw robust activity last week following the holiday weekend.

Black Book
Black Book observed wholesale vehicles priced competitively, fueling demand. Get its full weekly report here.
Originally posted on F&I and Showroom

New-vehicle sales fell year-over-year for the fifth month in a row in February, making retail deliveries the slowest they’ve been since 2023, according to a CarGurus report.
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Both vehicle values and conversion rates sped up last week as two segments outperformed in the pre-spring burst of buying.
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GM says it sells the cheapest electric vehicle in the U.S. market. It explains how it made improvements to the entry-level EV while keeping its price down.
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GM says more than 750 dealers across the U.S. are enrolled in CarBravo and that in January CarBravo dealers sold over two times the certified volume of Chevrolet, Buick and GMC dealers using traditional CPO.
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A flat national rate despite inflation and other financial challenges shows industry loyalty stability, annual Reynolds and Reynolds research finds.
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Study finds that adopters are true believers and that their satisfaction with the vehicles is growing, including for public charger experience, despite pullback of federal incentives.
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Electric-vehicle inventory dropped in December, according to S&P Global, but the hybrid market saw about a 19% year-over-year increase in supply despite being down from November.
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The year starts with declined expectations for economic conditions and plans to make big purchases. Used cars, though, are among the top big-ticket categories under consideration.
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The Honda Civic is named the most reliable new car for the money at $27,768 with a predicted 13½ year life span, breaking down to $2,058 annually, or less than half the industry average.
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Could it be an early spring when it comes to used-vehicle sales? Black Book analysts think so based on recent weeks' auction activity.
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