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 15, 2023 (PDF) The automotive market witnessed significant shifts during the week ending July 15, 2023, as sellers adjusted their pricing strategies to adapt to changing conditions. These adjustments were reflected in the wholesale price trends, which experienced the most substantial single-week drop since
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 10, 2023 (PDF) In the latest Auto Market Update, the industry witnessed a continuation of declines across most segments, highlighting a trend that surpasses typical expectations for this time of year, especially when compared to pre-COVID market conditions. However, amidst the downward trajectory, the
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,
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