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NADA

Remarketing Déjà Vu: Will the Resale Market of 2016 be a Repeat of 2002?

Many of the dynamics in today’s market are eerily familiar to the resale value softness that occurred in the last decade, which ultimately peaked in 2002. At that time, year-over-year increases of off-lease vehicles entering the wholesale market exerted downward pressure on resale prices. It appears that we are on the same trajectory, with off-lease volumes peaking in 2016. What are you doing to prepare for these different market dynamics?

NADA: Prices of Fuel-Efficient Used Cars Still High in August

McLEAN, VA – Although used car prices likely peaked in June, average trade-in values of many popular, fuel-efficient small cars for the 2006-2009 model years are still expected to be 10 to 30 percent higher in August 2011 than they were at the beginning of the year, said Jonathan Banks, senior analyst with the NADA Used Car Guide.

Detroit Electric Car to Return After 100 Years

JINHUA, CHINA and SANTA ROSA, CA – U.S. electric car pioneer ZAP and China Youngman Automotive Group are reviving the 100-year-old electric car brand Detroit Electric for their automotive joint venture.

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