Compared to the start of the year, transaction prices for new vehicles are down 1.7%, or $865, the largest January to June tumble in the past decade.

The Manheim Market Report values saw above-average declines that were relatively consistent, with values declining almost 4% in the last four weeks.

The Manheim Market Report values saw above-average declines that were relatively consistent, with values declining almost 4% in the last four weeks.

The Manheim Market Report values saw above-average declines that were relatively consistent, with values declining almost 4% in the last four weeks.

With production levels returning to normal and retail demand only modestly improved, sales to fleet channels have increased dramatically.

With production levels returning to normal and retail demand only modestly improved, sales to fleet channels have increased dramatically.

With production levels returning to normal and retail demand only modestly improved, sales to fleet channels have increased dramatically.

Vehicle shoppers now have a much better chance of finding something that fits their needs as improved supply relieves pent-up demand.

Vehicle shoppers now have a much better chance of finding something that fits their needs as improved supply relieves pent-up demand.

Overall sales are up in the quarter, including for fleets. However, headwinds are growing and inventory levels are moving back above  the pre-pandemic...