Analysts predict a strong surge in U.S. car sales for the month of November, despite a slight decrease in transaction prices. According to Deutsche Bank, the seasonally adjusted annual rate is estimated to reach around 15.5 million vehicles, solidly surpassing last year's figure of 14.4 million. This reflects an impressive 8% increase in year-on-year sales, driven by a 7% rise … [Read more...] about U.S. Carmakers Anticipate Robust November Sales
car sales
Used Car Prices Fall, Boosting Shares of Used Car Dealers
The month of June witnessed a significant easing in used car prices, leading to a surge in the shares of used car dealers. According to the Manheim Used Vehicle Value Index, which serves as a key indicator of car prices, there was a remarkable 10.3% decline in June compared to the previous year. This marks the tenth consecutive month of annual declines and sets a record for the … [Read more...] about Used Car Prices Fall, Boosting Shares of Used Car Dealers
