For some automakers, certified used-vehicle sales rose in 2022. Company executives who spoke with Automotive News partly attributed the gains to increasing the pool of used-vehicle inventory eligible for certification.
Some automakers offer more customer-facing and dealer-facing incentives that help boost overall sales, said Ben Bartosch, a manager of CPO solutions at JD Power. But some automakers also have circumvented a used-supply inventory problem by expanding certification parameters, he added.
Hyundai Motor America’s certified sales rose 24 percent to 95,962 in 2022. Fred DePerez, Hyundai’s senior vice president of global product line management, told Automotive News that gain was partially