Wholesale car market improves in ‘some of the metrics that matter most’
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Step One Auto Group continues ‘Drive Out Breast Cancer’ campaign
In recognition of Breast Cancer Awareness Month, Step One Automotive Group is running its annual Drive Out Breast Cancer campaign throughout October. The Florida-based dealer group’s pink Jeep Grand Cherokee will make stops at Step One locations and community events this month, where visitors can add their signature to the Jeep. For each signature collected, […]
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Carfax: Up to 48K vehicles sustaining flood damage in 2026, before Isaias
Even before Hurricane Isaias reached landfall as the first Atlantic hurricane of the year, there were already potentially 48,000 vehicles sustaining flood damage in the U.S. from storms in 2026, according to Carfax estimates. Those vehicles add to a vehicle population that already included more than 500,000 water-damaged vehicles currently on U.S. roads, the company […]
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Slightly lower depreciation in wholesale vehicle values last week
Though above recent historical averages, wholesale vehicle price depreciation last week slowed from the prior week, and auction lane activity showed “disciplined bidding behavior,” according to the latest Market Insights report from Black Book. Overall, wholesale prices were down 0.70% last week, compared to a 0.73% drop the week before. During the 2017-2019 period, the […]
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