Wholesale auction activity was strong 0n the cusp of the spring shopping season last week, defying geopolitical turbulence in the larger economy. Get Black Book analysts' full report here.
Black Book: Weekly Market Update
The wholesale automotive market fared remarkably well given the U.S.-Israel war on Iran, Black Book analysts reported.

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FTC Targets Auto Dealers Over ‘Deceptive Pricing’
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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Used Market Gains Speed
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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Ford Engineers Tinker With EV Cost, Range
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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Black Book: Weekly Market Update
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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Economical Electric
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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Georgia Dealership Sold
A Tennessee-based automotive group with deep industry history picked up the well-established Honda store, rebranding it.
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Used-Vehicle Program Aims to Draw More Buyers
GM says more than 750 dealers across the U.S. are enrolled in CarBravo and that in January CarBravo dealers sold over two times the certified volume of Chevrolet, Buick and GMC dealers using traditional CPO.
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Auto Brands Hold the Line on Retention
A flat national rate despite inflation and other financial challenges shows industry loyalty stability, annual Reynolds and Reynolds research finds.
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Chinese Cars Anyone?
More Americans are open to made-in-China than one might think, especially the youngest, though general awareness here of its growing brands is limited.
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Black Book: Weekly Market Update
The overall cars segment was about flat last week, similar to the rest of the wholesale market.
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