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New-Vehicle Inventory Tops 3 Million for the First Time Since the Pandemic Even as Sales Gain Momentum - Cox Automotive Inc.

In a measure at the end of October, according to an analysis of vAuto Live Market View data, the total U.S. supply of available unsold new vehicles reached north of 3 million for the first time since the pandemic, which is up 29% year over year. With 3.04 million units available, days’ supply increased to 85 days, which is now 14% higher compared to the same time last year.

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The High Cost Of Low-Priced Cars - CleanTechnica

Sticker shock is increasingly scaring off many buyers for new and used cars. A recent survey by Edmunds.com found that almost half of American car shoppers expect to pay $35,000 or less for a new car. The average trade-in today is six years old, which means it cost $35,000 or less when new. But when they want to replace it with the same or similar model, they find the price has increased to $50,000.

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SFA OXFORD THE PALLADIUM STANDARD-2024

With the global average PGM basket price now more than 35% below the peak of 2022, the by-product metals of the South African Bushveld, North America and the Russian Far North are more crucial than ever to miners’ balance sheets…

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Platinum and palladium poised for strong gains amid industrial rebound

As economic recovery takes hold in key industries, precious metals like platinum and palladium could be the next big movers, says Chris Gaffney, President of World Markets at EverBank.

Despite trailing gold in 2024, Gaffney believes these precious metals are set for a breakout. "Silver, platinum, and palladium are better buys right now than gold," he stated during his interview with Jeremy Szafron, Anchor at Kitco news, citing increased industrial demand and the ongoing recovery of manufacturing sectors across the globe…

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We are thrilled to share that Multimetco will be at the ARA 81st Annual Convention and Exposition at Booth 315!

Join us to meet our seasoned catalyst buyers, including Pat Sullivan from the Chicago Warehouse and Fernando Sanchez from the LA Warehouse. As the longest-running autocat smelter, Multimetco is here to answer all your questions about the autocat industry. Plus, don’t miss the chance to explore our app, one of the largest converter databases and insight into how Multimetco operates. We can’t wait to see you there!

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