
The wholesale automotive market fared remarkably well given the U.S.-Israel war on Iran, Black Book analysts reported.
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Both vehicle values and conversion rates sped up last week as two segments outperformed in the pre-spring burst of buying.
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The overall cars segment was about flat last week, similar to the rest of the wholesale market.
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Could it be an early spring when it comes to used-vehicle sales? Black Book analysts think so based on recent weeks' auction activity.
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Midsize luxury and subcompact luxury crossover segment depreciation quickened last week amid overall declines.
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Depreciation continued in most segments, speeding up for full-size vans.
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Auctions saw robust activity last week following the holiday weekend.
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Auction business slowed last week at the height of the U.S. vacation season.
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Wholesale market wobbling as tariff policy still fluctuates.
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