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Black Book collects data from wholesale auctions it attends in person or online, applies adjustments and compares them against dealer advertised prices. Access is restricted because it requires subscriptions, but public access to its price search features are accessible through third party sites such as Newcars.com. [4] Assessing car value is dependent on several factors including make, model ...
The first NADA-sponsored federal legislation, known as the National Motor Vehicle Theft Law, passed in 1919, which made motor vehicle theft involving the crossing of state borders a federal crime. [5] NADA also advocated for automobile finance reforms. [33] NADA began studying used car values in 1922. [33]
Car factories could start slowing down — or even shutting down — in relatively short order, Michael Robinet, vice president of forecast strategy at S&P Global Mobility, told CNN last week.
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
GM sold vehicles at an average price of $50,000 for the year, and executives see a 1% to 1.5% drop in North American pricing power and a modest decline in gas-powered vehicle volume in 2025 ...
While we remain disciplined on pricing, we faced a slight headwind from full-size truck incentives. I want to take a moment to emphasize the strong full-year North American margin of 9.2%, well ...
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