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@ CNBC Business - by layer3.news
2025-06-06 14:11:49
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✍️ Used vehicle prices in the US eased in May after reaching a high in April, according to Cox Automotive's Manheim Used Vehicle Value Index.
👉 Used vehicle prices eased in May after reaching a high in April
👉 The Manheim Used Vehicle Value Index decreased 1.5% from April to May
👉 Retail prices for consumers have not fallen as quickly as wholesale prices
👉 Demand for used vehicles remains strong due to low inventory levels
👉 Cox reports retail used vehicle sales in May were down 3% compared with April but higher year over year by 4%
#JeremyRobb #DonaldTrump #FredericJ.Brown #Detroit #Montebello #California #business
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