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
The slowing auto market will lead Cox Automotive to revise downward its full-year new-vehicle sales forecast.
September 8, 2021
On a volume-weighted basis, the overall Car segment increased +0.18%. For reference, the previous week cars increased by +0.06%.
September 8, 2021
August will be a fourth consecutive month of slowing sales and looks to be coming in even lower than our forecast of 1.2 million, a 9% decline from August 2020.
September 2, 2021
As younger generations of early tech adopters continue entering the car-buying market, we can expect interest in EVs to continue growing.
September 1, 2021
Haig Partners released its Q2 2021 Haig Report, a quarterly report that tracks trends in auto retail and how they impact dealership values.
September 1, 2021
The rate of depreciation has been slowing in recent weeks and this past week, the overall Car segment week-over-week change crossed back into positive territory, with six out of the nine Car segments reporting gains.
September 1, 2021
Inventory-constrained Toyota held on to the top spot for shopping consideration, but Ford narrowed the gap in the second quarter despite its own supply challenges.
September 1, 2021
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