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Cox forecast foresees tepid growth and a CPO decline.
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May deliveries hit two-year-plus high as volume trims a little off supply.
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But year-over-year volume down on high borrowing rates, rough winter.
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Cox says their sales fell 10% month-over-month, though they’re still outdoing overall used market for the year.
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Cox says expanded eligibility results not yet fully manifested.
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Segment doing better than thought, though overall used sales SAAR ended the month down Y-O-Y.
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Modest increase still less than normally seen during spring selling season.
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Dealer strategy shifts are bearing fruit, finds Cox Automotive's most recent report.
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