A total of 1.53 million used vehicles were sold at retail in May, flat MoM and up 4% YoY.

• Days’ supply of used vehicles was 43, down 1 day from early May and 2 days lower YoY.
• Certified pre-owned (CPO) sales dipped -0.5% MoM to 231,137 but were up 2.4% YoY.
• Year-to-date, CPO sales are running 3.5% higher than the same period last year.
• Cox Automotive noted the market remains stable with steady sales and modest price declines, supported by strong mainstream brand performance.
• Upcoming data may show sharp YoY changes due to base effects from last year’s cyberattack.