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Cox Automotive Slashes Used-Vehicle Price Forecast for 2026
Cox Automotive said higher fuel, inflation and rates pushed wholesale prices lower as electric and fuel-efficient vehicles gained value.
Summary by Quartz
6 Articles
6 Articles
Wholesale prices fall 0.6% annually in September; EV values rise 4.3%, Cox Automotive cuts year-end price forecast
·Ankara, Türkiye
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Used car prices fall in Q3, while demand for fuel-efficient vehicles grows
·Englewood Cliffs, United States
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Cox Automotive reduces forecast for the Manheim index of used, from 2% to 0.2% this year; wholesale prices fall in September
Coverage Details
Total News Sources6
Leaning Left1Leaning Right1Center2Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
Factuality
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