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Top 5 Cars Sold in California in 2019

Top 5 Cars Sold in California in 2019 The Tesla Model 3 is the #1  bestselling electric vehicle in California, but it’s also right behind the Toyota Camry on the list of top 5 cars sold overall. Top 5 Makes and Models Sold in California in 2019 Rank Make Model 

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Percent Drop in New Car Sales First 6 Months 2019 v 2020

U.S. light-vehicle sales by nameplate, 6 month comparison of 2019 versus 2020 Percent Drop in New Car Sales First 6 Months 2019 v 2020 (PDF) Chrysler tops the list with a 50% decline in sales. New-vehicle sales in U.S. plummet 34% in Q2 of 2020. Some segments fared better than

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TradeRev Closing Removed – Auctions will have Visible Timers

TradeRev Closing Removed – Auctions will have Visible Timers

Effective March 25, 2020, the closing category in the TradeRev car dealer buying app will be removed and replaced with visible timers same as regular auction sites like Ebay.

Below is an email sent to all Traderev dealers on March 24th announcing the change.

Traderev email on 03/24/2020

“The final farewell to the Closing period is here. Tomorrow, we’ll say goodbye to Closing and say hello to visible auction timers and a new web search bar. Check out more below.

No More Closing

A win’s a win. Starting tomorrow, there’ll no longer be a second round of bidding once the 45-minute auction is over.

Auction Countdowns

With a visible auction timer, you can see how much time is on every single trade, so you never miss out on a bid. We’ll also add an extra minute to the auction each time a bid is placed in the last 3 minutes. That way no one can swoop in on your trade with a last-minute bid.

Web Search

Find the trades that matter to you most. Simply enter vehicle details like the year, model or make and the exact matches will appear followed by other similar trades in a separate section.

To enable this update, you’ll automatically be logged out tomorrow. Simply sign back in and enjoy the new features.”

TradeRev is owned by KAR Global and located at 36 South Pennsylvania Street, 7th Floor Indianapolis, IN 46204.

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2019 Vehicle Sales by Segment

 2019 Vehicle Sales by Segment. This US Car market report provides information about passenger cars, including economy and family, sports and luxury vehicles as well as minivans and Sport Utility Vehicles. It excludes motorcycles, buses, trucks and large vans.
The market segmentation is based on several factors, including physical properties (mass, volume, footprint = (front track width + rear track width)/2 x wheelbase, etc.) and consumer base (pricing, status, etc.).

2019 Vehicle Sales by segment is up 0.7% from 2018 to $17,552 Trillion
2019 Vehicle Revenue by Segment is up 0.9% from 2018 to $615 Billion
Ford leads the US in  sales market share with 12.7% followed by Toyota with 12.5%
Toyota leads the US in revenue market share with 11.5% followed by Ford with 11.3%
The US is the worlds leader in Auto sales revenue with $615 Billion, followed by China with $555 Billion
Among Luxury brands, Mercedes leads with 15.8% market share

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Vehicle Titling Requirements in Georgia

Q: What is a vehicle Title? A: To prove ownership of a vehicle, the Georgia Motor Vehicle Division issues a paper document called “Georgia Certificate of Title”. When a title is issued, it is mailed or an electronic notification is sent to the first lienholder or security interest holder. If

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Automotive Day Supply Aug 2019

Below is a list of the day supply by brand for August 2019.   What is Day Supply? Day Supply is the number of days it takes for a dealer to sell out of his vehicle inventory as long as no fresh units are being added. High Day Supply =

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Nissan vs. Toyota vs. Honda US Market Share 2016 -2019

Market Share Change in US Market from 2016 to 2016 for the Top Three Japanese Automakers.  Nissan vs. Toyota vs. Honda US Market Share 2016 -2019 Nissan remains Japan’s #3 Automaker in the US despite aggressive incentives.  Market Share Ranking in US: Toyota  Honda Nissan MarketShare Percentage for the last

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New-to-Used Vehicle Sales Ratio 2014-2018

New-to-Used Vehicle Sales Ratio 2014-2018 From 2014 to 2018, the ratio of  New-to-Used vehicles sold per franchise dealer has been on a downward trend. Franchise dealers are selling more used car now than 4 years ago. Below are a few auto news headlines from the last few weeks. This shows

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US Sales Per Franchised Dealer – Oct 2018

List of Auto Sales Per Franchise Dealer in the Month of October. Toyota dealers sell more cars per-store than any other make. Mercedes and Land Rover are the ony two brands who had a per-store sales increase from Sep to Oct 2018. US Sales Per Franchised Dealer – Oct 2018

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Used Vehicle Market Insights – April 2018

Over the last six weeks, compact cars are up 3% in value. Small car segments, as well as medium sedans, have outperformed the market this month. One indication to the reason is the increase in Gasoline prices. Below is a chart outlining the gas price increase this year versus last

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Market Insights – Feb 2018

This week’s  Market Insights report shows cars with lower depreciation than trucks. We also spotlight retention trends of three-year-old Mid-Size Cars over the last few years, as well as this month’s Specialty Report. Market Insights – Feb 2018 It was a good week for mainstream car segments as tax season buying

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Compact Crossovers Weak in Holding Value

Compact Crossovers depreciating the most out of cars and trucks last week. The vehicle category dropped -1.18% in value. The report also illustrates how much incentives have been rising lately. Cars continued to depreciate at a steady rate while most SUV segments did better in the second week of the

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List of Cars Kept for More than 15 years

After analyzing more than 650,000 vehicle transactions for cars from the 1981-2002 model years sold in 2017, w list was compiled of the top 10 cars vehicle owners are holding on to for more than 15 years. It is no surprise that 8 Toyota vehicles occupy the top 10 spots. Top

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Auto Market Performance Q1 2017

Auto Market Performance Q1 2017 Best Market Performance in Nine Months Volume-weighted, overall car values decreased by 0.35% last week. This is better than the average depreciation rate of 0.43% seen in the previous four weeks. In car segments, Premium Sporty Car, Prestige Luxury Car, Sporty Car, and Near Luxury

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U.S. Average Wholesale Used-Vehicle Prices – February

Average Wholesale Used-Vehicle Prices.   Average wholesale used-vehicle prices, February Average Prices ($/Unit) Average Prices ($/Unit) Latest Month Versus: Latest Month Versus: Latest Month Versus: Feb 2016 Jan 2016 Feb 2015 Prior Month Prior Year Compact $6,650 $6,531 $7,271 1.8% -8.5% Midsize 7,667 7,742 8,100 -1.0% -5.3% Fullsize 7,378 7,485

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U.S. New-Car and Light-Truck Sales – 2014 vs. 2013

Car Historic Data per Franchise, 2014 vs. 2013.   Car 2014 Car 2013 Change Truck 2014 Truck 2013 Change Total 2014 Total 2013 Change % Change Toyota/Scion 926 925 1 744 665 79 1670 1590 80 5 Lexus 741 657 84 584 518 66 1325 1175 150 12.8 Honda 760

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