Ever taken a peek into the wild world of used cars lately? If so, you’ve probably noticed the crazy prices that have become ...
The availability and pricing of used vehicles has started to stabilize after several years of volatility since the COVID-19 pandemic. CarGurus, an automotive shopping website, released its U.S. 2024 ...
Used-car shoppers have faced a barrage of bad news lately, with a looming used-car shortage and prices that still remain higher than they were before the pandemic, but tax-season car sales may provide ...
Used-Car Market Struggles With Shortage of Low-Mileage Vehicles, Leading to Price Decline and Influx of High-Mileage Inventory CHICAGO (August 16, 2024) — Cars.com Inc. (NYSE: CARS) (d/b/a “Cars ...
The car and truck market is about to get worse, and not just because of tariffs. New car sales bottomed out in 2022, the peak year of COVID-19-era shortages that hobbled assembly lines. Now, that slow ...
Used cars are still expensive, like they've been for years. Now a new factor is driving prices higher. Slow car production from 2020-2022 slammed the supply of lightly used cars in 2023, a study shows ...
Peak pandemic was chaos, and it’s back to haunt us. According to a new report, the chip shortage that destabilized the automotive market and the car-buying public is rearing its ugly head again.
In Cars Commerce’s most recent Industry Insights Report, industry and marketplace analytics principal David Greene noted the contrast between the steady used-car market with the relative volatility of ...
As an avid car enthusiast, Joe enjoys time on the track, going to car meets, or simply taking a long drive in the Colorado mountains. Joe has always had a love for writing and cars, so he decided to ...