Autobody Market Analysis Page 2 of 4

Get detailed market analysis, uncovering the collision industry's current state, challenges, and opportunities for growth and improvement.

Used Car Prices

Wholesale Used-Vehicle Prices Drop 8.9% in June

The Manheim Used Vehicle Value Index dropped 8.9% year-over-year in June, with significant declines in both wholesale and retail prices.

Bryan Malinski

New-Jersey-EV-sales-tax

New Jersey to Tax EV Sales for First Time Since 2004

Gov. Phil Murphy signed into law a bill raising taxes on EVs from zero to 6.6% by July 1, 2025, to level the sales markets between electric and ICE vehicles.

Brian Bradley

2024-first-half-Q2-June-new-car-sales

New-Vehicle Sales Show Mixed Results for First Half, Q2 2024

Most automakers reported small increases in total sales year-over-year, but electrified vehicles' share of those sales continues to rise.

Autobody News Staff

June-2024-first-half-car-sales-forecast

U.S. New-Vehicle Sales Expected to Rise 2.9% in First Half of 2024

Lower prices and more incentives are helping counteract high interest rates for new-car buyers.

Autobody News Staff

EV-drivers-switch-back-to-ICE

Survey: 46% of U.S. EV Owners ‘Likely’ to Switch Back to Fuel-Powered Vehicle

Charging difficulties and a high total cost of ownership were among the top reasons respondents want to return to an ICE vehicle.

Autobody News Staff

May-2024-new-car-sales

Strong May New-Car Sales Driven by Improved Inventory

One analyst reported new and certified vehicle inventories are at their highest levels in three years, offering consumers a broader selection of options.

Autobody News Staff

Ford-Toyota-Honda-Kia-Hyundai-Mazda-Subaru-April-2024-sales

Automakers Report Strong Hybrid, EV Sales in April

Ford sold 60% more hybrid vehicles than in April 2023, as its total new-vehicle sales dipped 3%.

Autobody News Staff

April-2024-new-car-sales-forecast

April New-Vehicle Sales Expected to Decline Despite Rising Inventory

Retail sales were up, but fleet sales fell off.

Autobody News Staff

GM-Toyota-top-US-sales-Q1-March-2024

GM Edges Out Toyota in U.S. Q1 Sales Despite 1.5% Dip

GM saw strong sales of its full-size pickups and new Cadillac EV, but a 23% decrease in fleet sales brought down its total numbers.

Autobody News Staff

new-car-sales-March-2024-forecast

New-Vehicle Sales Forecasted to Surge 12.1% in March

Consumers are projected to spend $51 billion on new vehicles in March -- the highest total ever for the month.

Autobody News Staff

Introducing the Tread Master by Launch Tech USA

Featured Video
Introducing the Tread Master by Launch Tech USA

Experience tire maintenance with the Tread Master, designed to provide quick and accurate tire wearanalysis with advanced laser technology.

Shop & Product Showcase

Read testimonials from real collision repair shops about the tools and technologies they use to get the job done.

Read Now

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