Auto industry data for March 2021.
- Wholesale values continued their gains l with all segments reporting increases in valuations.
- The mainstream car and truck segments had the largest gains, but the luxury segments are also seeing positive momentum.
- Remarketers raised floors last week and anticipate doing the same heading into next month
- The Car segments increased the rate of gain to +1.11%, compared to 0.85% the previous month.
- The Truck segments had unseasonable gains again this past week, but the rate of gain remained stable with the prior month.
- The Car segments increased the rate of gain to +1.11%, compared to 0.85% the previous week.
- Sporty Cars continue to rise with a third consecutive week of the highest level of weekly increase among the reporting segments.
- The mainstream Car segments (Sub-Compact through Full-Size) all had gained this past week in excess of +1.00%.
- The luxury segments are slowly showing growth.
- The Near-Luxury Car segment had the largest weekly luxury car segment increase this past week at +0.78%, compared to +0.43% the week prior.