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Used Class 8 truck sales slowed in August, defying typical seasonal trends as inventories tightened.
Wholesale used-vehicle prices declined in September as depreciation accelerated, prompting Cox Automotive to lower its year-end forecast.
Wholesale used vehicle prices in the U.S. fell faster than seasonal norms in September, with electric vehicles emerging as one of the few bright spots in a weakening market. According to Cox Automotive's latest Manheim Used Vehicle Value Index (MUVVI), wholesale prices declined 1.1 per cent from August and 0.6 per…