As 2023 came to a close, the auto industry witnessed fluctuations that could only be likened to a rollercoaster ride post-Thanksgiving. The wholesale market, in particular, experienced significant weekly declines, signaling a shift in the auto market landscape. Despite the presence of robust auctions and a bountiful inventory, sellers found
Auto Market Update: Analyzing Wholesale Prices Trends In this week’s Auto Market Update, we delve into the dynamics of the automotive market, focusing on the wholesale prices for the week ending December 9th. The industry continues to witness substantial declines, although there are noteworthy signs of moderation in the overall
Auto Market Update Week Ending November 25th, 2023 As we reflect on the week ending November 25th, 2023, which encompassed the Thanksgiving holiday, the auto market displayed notable trends despite the shortened work week. A consistent theme emerged as the market experienced significant declines, extending the trend from the preceding
Auto Market Update for the Week Ending November 4, 2023 Last week, the wholesale auto market saw higher-than-typical seasonal depreciation across various segments as the industry grappled with the impact of the recent labor strikes. The United Auto Workers (UAW) reached tentative agreements with major automakers, including Stellantis, Ford, and
Auto Market Update Week Ending October 28, 2023 After six weeks of negotiations, the United Auto Workers (UAW) has reached a significant breakthrough with automotive giants Ford, Stellantis, and General Motors. This development comes after a challenging period in the auto market, marked by notable declines, particularly in the Truck
Mazda Riding a Wave to 500,000 Sales: The Resurgence of a Japanese Icon Mazda, the renowned Japanese automaker, is experiencing a remarkable resurgence, poised to achieve remarkable sales milestones in the coming years. This impressive transformation, initiated in 2016, is characterized by various strategic moves that have positioned Mazda for
Revving Up the Weekly Auto Market Review: Ending October 21, 2023 Auto Market Update Week Ending Oct 21, 2023 (PDF) In a period of prolonged uncertainty driven by the United Auto Workers (UAW) strike, the auto market finds itself in a holding pattern, with industry players adopting a cautious “wait-and-see”
Auto Market Update Week Ending September 13, 2023 (PDF) This week in the auto market has been one filled with anticipation and uncertainty as the industry awaits news of a possible UAW strike and its potential impact. The market’s depreciation rate, which had been on a rapid decline, showed signs
Auto Market Update Week Ending Sep 2, 2023 (PDF) In the ever-evolving automotive landscape, this week’s market update paints a picture of accelerated depreciation, despite a surge in auction activity. The specter of a potential UAW strike looms large, with industry players closely monitoring developments that could reshape the industry
Auto Market Update Week Ending Aug 26, 2023 (PDF) In the ever-evolving landscape of the automotive market, the past week provided some intriguing insights. While wholesale declines persisted, there emerged a glimmer of hope as the pace of depreciation exhibited signs of moderation, receding below the 1% mark for the
Auto Market Update Week Ending August 19, 2023: Wholesale Price Trends and Insights (PDF) In the dynamic landscape of the auto market, the week ending August 19th showcased intriguing shifts, as reflected by the wholesale price data. This update encapsulates the trends, fluctuations, and notable observations within the realms of
Auto Market Update Week Ending August 5th, 2023: Unveiling Market Shifts (PDF) In a captivating twist of events, the automotive market encountered a seismic shift in the first week of August, sending ripples across wholesale prices and igniting discussions about the industry’s trajectory. After a triumphant three-month stretch of intensified
Auto Market Update Week Ending Jul 29, 2023 (PDF) After several weeks of significant declines, the automotive market seems to be finding its footing, with certain segments showing signs of stabilization. Let’s take a closer look at the key highlights from this week’s wholesale price update. This Week Last
Auto Market Update Week Ending Jul 22, 2023 (PDF) Welcome to our weekly Auto Market Update, where we delve into the latest trends and developments in the automotive industry. In this edition, we’ll be focusing on the wholesale prices for the week ending July 22nd, 2023, as well as highlighting
Auto Market Update Week Ending Jul 8, 2023 (PDF) In the aftermath of the recent holiday, the auto auction scene witnessed a decrease in both the number of vehicles offered for sale and the number of bidders vying for inventory. While valuations continued their decline, the rate of decrease remained
Auto Market Update Week Ending Jul 1, 2023 (PDF) In the ever-evolving world of the automotive market, the past week witnessed a continuation of declines across all segments. The overall market rate of weekly depreciation showed a gradual increase, marking the ninth consecutive week of downturns. Both sellers and buyers
Auto Market Update Week Ending Jun 24, 2023 (PDF) In the automotive market, dealers are exercising caution in their purchasing decisions, resulting in a gradual increase in days to turn and a downward trend in auction sales rates. While retail listing prices have yet to mirror the wholesale decline, it’s
Auto Market Update Week Ending Jun 17, 2023 (PDF) In the latest auto market update for the week ending in 2023, wholesale values continued their decline, exhibiting only slight deviations from what is typically observed during this time of year. With the exception of the Small Pickups segment, all other
Auto Market Update Week Ending Jun 3, 2023 (PDF) Welcome to our latest Auto Market Update! In this week’s report, we’ll delve into the recent performance of the market, highlighting key trends and notable developments. Last week, the auto market witnessed a decline of 0.31%, exceeding the usual drop of
Auto Market Update Week Ending May 27, 2023 (PDF) Last week witnessed a further decline in the market, especially in the Truck segments. Notably, the rate of depreciation accelerated, leading to the most significant weekly drop since late January this year. The Full-Size Van segment also experienced a substantial decline,
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