Tag Archives: Manheim

US Vehicle Transaction Prices Down in January

The automobile market is not contributing to inflation. The extensively covered January Consumer Price Index (CPI), a key measure of inflation is widely misrepresented in AutoInformed’s opinion.

Cox Automotive* said today that it observed declines in retail vehicle prices last month, according to actual transaction data. Kelley Blue Book reported that average transaction prices for new vehicles were down by 3.5% year-over-year, Another Cox measure, Dealertrack data show average used retail prices down slightly less. “Both measures indicate the retail auto market is not pushing overall inflation higher,” Cox said. Continue reading

Posted in auto news, blog, economy, new vehicle, news analysis, prices, sales | Tagged , , , , , , , , , , | Leave a comment

Manheim – Used-Vehicle Prices Drop in January

Wholesale used-vehicle prices decreased 1.0% from December during the first 15 days of January, according to data just released by industry expert Manheim.* The Manheim mid-month Used Vehicle Value Index dropped to 201.9, which was down 10.2% from the full … Continue reading

Posted in aftermarket, auto news, news, news analysis, prices, sales | Tagged , , , , , , , , | Leave a comment