Weekly Update

Friday, April 26th

Light vehicle sales in the U.S. have shown moderate growth, with annualized sales reaching 15.4 million units in the first quarter, marking a 2.7% increase from the previous year. North American automotive production also saw a significant rise, increasing by 9.6% from 2023, with expectations to normalize to pre-pandemic levels in the following year. Additionally, the report notes a softening in the Spring wholesale market, particularly for older model vehicles, and an overall cautious approach by buyers in the market​

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Managing inventory acquisition in volatile markets


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