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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

Consumers Shift Spending to Services
Sedgwick Grows Automotive Claims Solutions with Two Strategic Acquisitions
National Auto Care Selected by Kawasaki Motors Corp., U.S.A. as a New Provider for Preferred Protection Plus Programs
Nissan Slows Production Amid Chip Woes

Nissan Slows Production Amid Chip Woes

Nissan will suspend production of the Murano, Leaf and Maxima at its Smyrna, Tennessee, plant for four additional weeks after its summer shutdown ends.

June 16, 2021

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

Inventory Shortages Drive Car Shoppers to Neighboring States
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
SMART Payment Plan Launches SMART Saving Plan
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