CPO vehicle sales up nearly 6% in first half, expected to reach 2.6M for year

The “one pocket of strength” for the used-car market this year, as Cox Automotive chief economist Jonathan Smoke put it in a June presentation to the media and industry, has been the certified pre-owned segment.

That certainly played out in preliminary first-half CPO sales results provided to Auto Remarketing by Motor Intelligence in early July.

Through June, year-to-date CPO sales are estimated at ...