Used Vehicle Sales Decline 1.5 Percent in June: Cox Automotive
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5 Articles
Used Vehicle Sales Decline 1.5 Percent in June: Cox Automotive
Retail sales of used vehicles declined in June from the previous month amid an increase in wholesale prices, auto industry service company Cox Automotive said in a July 11 statement. In total, 1.46 million units were sold last month, from both independent and franchise dealers, down 1.5 percent from May but up 2.4 percent from a year ago. “The slight decrease in used-vehicle sales was anticipated following the spring surge, as this seasonal slow…
Dealer Auction reveals most profitable cars of June
Dealer Auction has revealed that the Ford Kuga had the most profit potential in the sub-£10,000 retail bracket in June, securing an average retail margin of £2,600. The Vauxhall Insignia (£2,300) was the top 10’s quickest seller – shifting in 27 days on average. Dealer Auction’s Marketplace Director, Kieran TeeBoon, commented: “June saw a mix of continuity and change. The Kuga was 2024’s overall top performer and strong so far in 2025, so it’s i…
Used car values rise in June – BCA
BCA has reported that average used car values improved by 3.1% month-on-month in June. Meanwhile, buyer participation and sold volumes remained positive and ahead of prior year. Its analysis found […] The post Used car values rise in June – BCA first appeared on Bodyshop Magazine.
New Vehicle Inventory Falls, Prices Rise As Manufacturers, Dealers Brace for Challenging Q3
Grand Rapids, Mich.—Pull-ahead demand in Q2 2025 pushed new vehicle sales to a monthly average of 1.17 million, up from 1.08 million in Q1 2025, according to automotive data analytics firm Cloud Theory. However, as vehicle inventory shrinks and prices rise, the automotive industry could be in for a challenging Q3. The findings are part of Cloud Theory’s quarterly automotive industry report...
Used-vehicle retail sales dip slightly in June
Retail used-vehicle sales totaled approximately 1.46 million units in June, down 1.5% from May but up 2.4% compared to June 2024, according to Cox Automotive’s vAuto Live Market View. The drop reflects a typical seasonal slowdown after the spring surge. Certified pre-owned (CPO) sales declined more sharply, falling 13.1% month over month and 3.7% year over year, with June posting an estimated 200,950 units sold. Analysts attribute the CPO dip to…
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