Used-Vehicle Inventory Recovers from Record Low Levels, Increases in April as Sales Moderate
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Used-vehicle inventory has increased in april after previously reaching record low levels, with sales moderating and prices continuing to climb. The state of the new-vehicle market is also showing signs of recovery, with supply finally improving. The broader automotive market appears to be experiencing a mix of trends, with some segments, such as used ev sales, gaining momentum while others, like overall auto sales, may be slowing.
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