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Automotive auction inventory increased last week, giving choosy bidders even more leeway.
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Nick Keen, who has worked for the automaker in Europe since 2015, has been appointed president of the division.
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Voting for the 22nd annual Dealers’ Choice Awards will remain open until the end of day.
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As automakers have pulled back on EV production in the U.S., the number of vehicles on Cars.com’s American-Made Index has declined, though hybrids remain popular.
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U.S. consumers have increasingly favored achromatic shades for their vehicles, though the trend seems to have plateaued, new research shows.
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Wholesale automotive auction activity slowed noticeably last week, though business still remained healthy, analysts reported.
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The state known for its pickups penchant threatens to overtake the traditional center of U.S. car culture as it grows sales of new vehicles and pays more for them.
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A new study shows that conventional hybrids are the most heavily driven vehicles on the road, while plug-in hybrids are the least-driven power train.
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Last week's wholesale vehicle auction activity reflected seasonal patterns as buyers stayed choosy about selections, analysts reported.
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Flat ATPs and asking prices clocked in below long-term averages for the month, though some segments saw significant price gains, reported Cox Automotive.
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