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Black Book: Weekly Market Updates

Black Book: Weekly Market Updates

Wholesale prices remain strong, however there are signs of softening in the market this week, as prices of newer used vehicles seem to be hitting a ceiling.

June 22, 2021

Average New-Vehicle Prices Rise More Than $2,000 from Last Year, Hitting All-Time Record High for May
Help Wanted: U.S. Automobile Dealers Struggle to Hire Employees While Business Booms
Consumers Shift Spending to Services
Black Book: Weekly Market Updates

Black Book: Weekly Market Updates

The May Retention Index showed another increase and broke yet another record, reaching 159.6 points, a 7.1 point (or 4.7%) increase from April (152.4).

June 15, 2021

Biden Administration Launches Task Force to Address Supply Chain Bottlenecks 
Senate Passes Legislation to Boost Chip Production and Compete With China
Do Soaring Sales Spell Trouble for Summer as Inventory Wanes?
Weekly Market Insights from Black Book
Autotrader Honors Top Certified Pre-Owned Vehicle Programs from Luxury, Non-Luxury Automakers in 2021
Light Vehicle Sales Continue to Rebound as Microchip Shortage Squeezes Supply
Used Vehicle Prices Skyrocket as New Vehicle Inventory Wanes
Market Insights from Black Book

Market Insights from Black Book

Driven by an extreme shortage of rental returns and limited inventory of new vehicles, the price trends of newer used vehicles have been experiencing larger weekly gains.

June 1, 2021

Audi SQIL Program Boosts Vehicle Quality

Audi SQIL Program Boosts Vehicle Quality

The SQIL strategy focuses on building up supplier capabilities versus finding new sourcing, punitive fines, and enhanced surveillance when suppliers don’t deliver.

May 28, 2021

Do Your Underperformers Need to be Fired or Led?

Do Your Underperformers Need to be Fired or Led?

In most cases, individuals underperform because they weren’t set up for success. At the end of the day, only you can decide whether trying to salvage the relationship will be worth the effort.

May 28, 2021