Black Book: Weekly Market Update
Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.
October 12, 2021
Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.
October 12, 2021
BMW is faring better than GM, and car dealers are coping better than component suppliers.
October 12, 2021
September new light-vehicle sales fell for the 5th consecutive month to a SAAR of 1.2 million units, reported the National Automobile Dealers Association (NADA).
October 7, 2021
The seasonally adjusted Retention Index increased to 169.5 points, hitting another record this year.
October 6, 2021
As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.
October 5, 2021
GM sales fall short of Toyota Motor Corp. over two consecutive quarters.
October 5, 2021
U.S. new vehicle retail sales are expected to drop 888,900 units in September, from 1,182,788 a year ago.
September 30, 2021
The market continued to make gains this past week, marking the fourth consecutive week of overall wholesale value increases.
September 28, 2021
Automobile sales in September are forecast to slow for the fifth straight month, as tight inventory, high prices take a toll on the industry.
September 27, 2021
Traditionally, as we move past Labor Day, values begin to decline, with the largest portion of the yearly depreciation typically occurring in the fourth quarter. However, that is not the case this year, we’ve now had four consecutive weeks of overall market increases in wholesale values.
September 21, 2021
Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.
September 20, 2021
The U.S. Commerce department reported the uptick of 0.7% in retail sales.
September 20, 2021
General Motors will extend production cuts at crossover, midsize pickup and sedan plants because of the semiconductor chip shortage but will resume full-size pickup production on Monday.
September 14, 2021
Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.
September 14, 2021
At $43,355, the average new-vehicle transaction price hit a record high in August 2021 for the fifth consecutive month, according to Kelley Blue Book.
September 14, 2021
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