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Tag: softening
Manheim Index Sees 4th Month of Rising, but Softening Lies Ahead
2013-10-11 00:08:07| AutomotiveDigest.com - Automotive Industry News
Tom Webb Chief Economist Manheim Consulting The Manheim Used Vehicle Value Index reached 122.8, an increase of 1.7% from its year-ago level. Wholesale used vehicle prices rose for 4th consecutive month in September. While Septembers rise in values was no surprise, Manheim Consulting expects prices to soften due to new-vehicle inventory increases and wholesale supplies [...]The Article Manheim Index Sees 4th Month of Rising, but Softening Lies Ahead appeared first on Automotive Digest.
Americhem introduces mBrace softening technology
2013-10-10 07:00:00| Nonwovens Industry Breaking News
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USDA Report Contributes Softening Expectations for Growth
2013-10-02 02:00:00| ThePigSite - Industry News
US - On 27 September, USDA released the Quarterly "Hogs and Pigs" Report as of 1 September 2013. Given the host of issues coming into the report, USDA’s survey results will be dissected and debated for weeks if not months to come, writes Lee Schulz.
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Volume Growing and Prices Softening, but Dealers Remaining Profitable
2013-09-11 22:48:05| AutomotiveDigest.com - Automotive Industry News
While used vehicle volume will continue increasing into 2014 and soften prices, dealers are expected to continue enjoying strong gross profits selling them. ADESAs Tom Kontos says that a wider selection of vehicles is helping dealers be more specific to the needs of their market. Manheims Tom Webb thinks supply will be excessive relative to demand. Growth in supply has been coming from off-lease vehicles, rental return, commercial fleet lease, and more aggressive lending.The Article Volume Growing and Prices Softening, but Dealers Remaining Profitable appeared first on Automotive Digest.
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Used Car Market Reports Review: Whats Up with Softening Prices?
2013-08-22 18:39:00| AutomotiveDigest.com - Automotive Industry News
So have you been noticing all the major used vehicle/pre-owned/remarketing reports have lately been saying that used vehicle prices are softening? You can also easily find a report, or media coverage, or blog post, saying that the used car market is pretty strong. How can that be? In this weeks Used Car Market Reports, Art Spinella and Tom Kontos address that issue. Prices are softening since a year ago and last month, but the market is still pretty strong overall. Retail demand is taking care of it you might sell used cars for less, but if youre selling more of them, the numbers start looking pretty good. The Manheim Used Vehicle Value Index is another point of reference. Yes, prices have been softening and going up and down for the past two-plus years. But look at the whole chart weve seen the highest used vehicle value point in early 2011 since that index started up in 1995. Take a look at Used Car Market Report editor Jon LeSages perspectives on where all of this is going.The Article Used Car Market Reports Review: Whats Up with Softening Prices? appeared first on Automotive Digest.