Depreciation slowed in an overall slow holiday week for the wholesale market. Black Book crunched the reduced data in its weekly Market Insights report.
Holiday week brings reduced wholesale auction activity.

As auction activity fell sharply, depreciation also slowed.
Black Book
Depreciation slowed in an overall slow holiday week for the wholesale market. Black Book crunched the reduced data in its weekly Market Insights report.

Hybrids in particular lead not only EV market share but all power trains on the continent so far this year as gas and diesel continue their decline.
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Building on a previously announced $26 billion U.S. investment, Hyundai said it will grow its North American lineup and U.S.-based production and parts sourcing.
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Sony-Honda venture cancels two planned models, the first of which had been pegged for a mid-2026 California delivery debut. The brand’s direct sales had been challenged by the state’s auto dealers, but the venture cites Honda’s EV retreat.
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Softening prices, rising credit availability and higher tax refunds could be behind February’s sales pace rise and accompanying dip in inventory, according to Cox Automotive.
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The wholesale automotive market fared remarkably well given the U.S.-Israel war on Iran, Black Book analysts reported.
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The agency sent warning letters to dozens of auto groups about what it described as illegal practices and urged them to ensure their pricing policies enable transparency with consumers.
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New-vehicle sales fell year-over-year for the fifth month in a row in February, making retail deliveries the slowest they’ve been since 2023, according to a CarGurus report.
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The automaker says its California skunk works is already finding efficiencies to lighten traditionally heavy electric vehicles for lower cost, plus extended range.
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Both vehicle values and conversion rates sped up last week as two segments outperformed in the pre-spring burst of buying.
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GM says it sells the cheapest electric vehicle in the U.S. market. It explains how it made improvements to the entry-level EV while keeping its price down.
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