Ann C. Toledo

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CPO car sales in 2022 likely to be softer than initial forecast

Thu Mar 31 , 2022
Tuesday, Mar. 29, 2022, 04:32 PM While maintaining its forecast for overall used-car sales, Cox Automotive has trimmed its projections for certified pre-owned vehicle sales, as competition for acquiring CPO-worthy inventory intensifies. Analysts with the company said in a presentation this week that they are now projecting 2.8 million CPO […]