Automotive Market Update 7-4-2024
Consumers are Confident but Tight
The used car market continues to depreciate during the second half of the summer selling season while the rate of retail price decline is moving closer towards that depreciation trend. Vehicles have less front-end gross as seen in the Wholesale to Retail spread published by DealerTrack and Manheim this week.
Coming off the heels of the CDK cyber-attackā¦ Read more HERE.