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April saw the largest drop (-7.9 points) since the Index’s inception in 2005.
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Black Book has posted a new report with COVID-19 Market Updates (as of 3/26/2020) for the Specialty Markets.
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Susan Moritz joins as vice president of Black Book’s Data Licensing Team.
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Online trade widget for lead capture combines with a closing tool on the showroom floor.
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Alex Yurchenko, Laura Wehunt, and Kyle Luck expand their leadership roles.
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Black Book’s Used Vehicle Retention Index dropped 0.7% in December 2019.
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Black Book reports retained values for used vehicles decreased sharply last month. If the index holds through December, it will end 2019 on a year-over-year decline of nearly 2%.
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Black Book’s latest Used Vehicle Retention Index report shows retained values for light trucks declined at a faster rate than many car segments.
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Black Book reports used vehicle values fell by 1% in September, led by declines in the compact van and luxury car categories. Only one segment showed improvement.
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‘Market strength is waning’ for used vehicles after a strong summer, a trend that is likely to continue through the end of the year, according to the latest report from Black Book.
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