May Auto Market Report: Trends & Challenges in Automotive (PDF) The automotive market experienced a series of ups and downs in the month of May, with notable declines and minimal increases across various segments. As we delve into the market report for May, we observe a shift in trends and
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,
Auto Market Update Week Ending May 20, 2023 (PDF) In the overall market, declines continued last week, with only a few segments showing small increases. As with other segments of the market, 2-to-8-year-old vehicles declined -0.13% last week. 0-2-year-old vehicles declined -0.12%, and 8-to-16-year-old vehicles declined -0.17%. The overall Car
Auto Market Update Week Ending May 13, 2023 (PDF) Auto Market declines continued this week, down -0.15%, not far from what we’d typically see at this time of year for seasonal declines. The pre-COVID market averaged a decline of -0.20%. Last week, only two of the nine Car segments increased.
Auto Market Update Week Ending May 6, 2023 (PDF) For the first time since early February, the auto market declined last week. Two weeks ago, the 8-16-year-old units began to soften. Last week, they dropped by -0.15%. Last week, the 2-to-8-year-old vehicles declined by -0.10%, while the 0-2-year-old vehicles remained
Auto Market Update Week Ending Apr 29, 2023 (PDF) Market gains continued last week, but at a slower rate than they have been for the past few weeks. Seven of the twenty-two segments we track reported declines last week, the highest number since mid-February for segments reporting declines. The market
Auto Market Update Week Ending Apr 22, 2023(PDF) Sporty Cars still reported some of the largest gains last week, while the market continued to report increases. In 2019, the segment had only recorded nine consecutive weeks of gains during the traditional spring market, but this season, the segment has recorded
Auto Market Update Week Ending Apr 15, 2023 (PDF) Although values continued to rise last week, the rate of gain has slowed. Additionally, auction conversion rates are weakening as sellers have held firm on their floors. With fewer bidders tuning into many lanes, auctioneers are having to work a little
Auto Market Update Week Ending Apr 1, 2023 (PDF) In another week of larger-than-typical gains, the market increased by +0.51%. The market continues to decline in full-size and compact vans, but the rate of decline is decreasing each week. Nineteen of the twenty-two segments we report on each week had
Auto Market Update Week Ending Mar 25, 2023 (PDF) The market has been better than expected this time of year, with the weekly rate of return similar to what was seen in 2021. However, conversion rates have not returned to their previous levels as sellers are raising their floors and
Auto Market Update Week Ending Mar 18, 2023 (PDF) Last week, the market continued to grow, with gains exceeding what is normally seen at this time of year. It was around this time of year that some segments started moving into positive territory before COVID, but the majority of
Auto Market Update Week Ending Mar 11, 2023 (PDF) During the last week, the market saw its largest single weekly gain in quite some time. The last time we saw a similar gain was in November 2021. Despite abundant activity at the auctions, there were no sales on vehicles,
Auto Market Update Week Ending Mar 4, 2023 (PDF) Vehicle valuations are continuing to increase, as are conversion rates at auctions. Week-over-week increases have reached levels we haven’t seen since the fourth quarter of 2021. Compared to the previous week, the overall Car segment increased by +0.46% volume-weighted. Last
U.S. Car Sales Exceeded Expectations in February (PDF) The demand from both consumers and fleet customers remained strong in February, but automakers are facing a balancing act to maintain profitability with severely underutilized factories. The new vehicle market has reacted well this month, recording sales growth compared to 2022. This
Auto Market Update Week Ending Feb 25, 2023 (PDF) Continuing its upward trend that started three weeks ago, the market gained another 0.21% after gaining 0.14% the week prior. The last time the market gained this much in one week was in May 2022. Compared to the previous week,
Auto Market Update Week Ending Feb 18, 2023 (PDF) Last week, the market gained another 0.14 percent. The 2-to-8-year-old car segment had the largest increase of 0.19%, while the 0-to-2-year-old car segment saw the largest increase of 0.41%. That is the largest increase this segment of vehicles has seen
Auto Market Update Week Ending Feb 11, 2023 (PDF) The overall market reversed its course and returned to the green zone last week, the first time since mid-June 2019. The 0-to-2-year-old units saw bigger gains than their 2-to-8-year-old peers. The former posted an increase of +0.12% while the latter
Auto Market Update Week Ending Feb 4, 2023(PDF) Last week, the market reported the lowest overall depreciation since the end of June 2022, continuing the reduction in weekly depreciation that began a couple of weeks ago. For the first time since early June last year, the Compact Crossover segment
Auto Market Update Week Ending Jan 28, 2023 (PDF) For the second consecutive week, the Sporty Car segment has reported an increase, indicating an early sign of a potential Spring market bump. Additionally, the older, 8-to-16-year-old vehicles report lower depreciation, -0.27%, compared to -0.50% for the 2-to-16-year-olds. Compared with
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