Though inventory is up and depreciation down, wholesale market shoppers are downshifting. Black Book explains in its weekly report.
Typical late-year wholesale price depreciation was a tad under the prepandemic average.

All car segments were part of the overall wholesale market decline last week in a seasonal shift.
Black Book
Though inventory is up and depreciation down, wholesale market shoppers are downshifting. Black Book explains in its weekly report.

A growing Maryland automotive group is only the 93-year-old dealership’s third owner after its longtime proprietors retired.
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Barrington Porsche will be the new location for Murgado Automotive Group’s existing Porsche dealership currently in the Motor Werks of Barrington auto mall.
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Feldman Automotive Group added two new brands, Honda and Toyota, to its portfolio with its latest acquisition of four Fireside dealerships in Ohio.
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The franchisees’ state-level actions follow a California auto dealers trade group lawsuit against the VW affiliate last year, both efforts to stop the EV maker’s plan to sell direct to consumers.
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First-quarter auto sales increased as more consumers took advantage of government incentives. Hybrid deliveries are leading the way on the electrifieds boom.
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At nearly 14%, California had the lowest zero-emission vehicle market share in the first quarter since the fourth quarter of 2021, according to the California New Car Dealers Association.
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EREVs, also known as ‘series hybrids,’ may catch on in the U.S., where they currently have barely a toehold, as automakers tilt away from some purely electric models and consumers crave more range.
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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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