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Black Book's Blog – January 2016 Archive (5)

First Appreciating Segment of the Year…

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on January 27, 2016 at 12:50pm — No Comments

TOM CROSS PROMOTED TO EXECUTIVE VICE PRESIDENT AND DEPUTY GROUP HEAD, TRANSPORTATION, HEARST BUSINESS MEDIA

Hearst today announced the promotion of Tom Cross to executive vice president and deputy group head, Transportation, Hearst Business Media. He retains the title of president of Black Book. The promotion is effective immediately and was made by Steven R. Swartz, president and CEO of Hearst, and Hearst Business Media President Richard P. Malloch. Cross will continue to report to Malloch.

Hearst Business Media has global holdings in the finance, healthcare and transportation industries.…

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Added by Black Book on January 14, 2016 at 9:28am — No Comments

Market Activity Slows as Expected Near End of Year

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

Continue

Added by Black Book on January 12, 2016 at 2:03pm — No Comments

CARS FINISH 2015 WITH -18.2% DEPRECIATION ACCORDING TO BLACK BOOK

Record Auto Sales in 2015 Point Toward Continued Rising of Vehicle Depreciation

According to Black Book® data, the average price of a used vehicle for model years 2010-2014 declined 1.8% during December, 2015. Cars declined -2.0% while trucks declined -1.7% during the month. 

Average pre-recession annual depreciation was continually recorded between -15% and -18%, and Black Book expects 2016 depreciation near -14%. Interestingly enough, trucks finished 2015 with a…

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Added by Black Book on January 8, 2016 at 1:49pm — No Comments

All Segments Depreciate This Week

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

Continue

Added by Black Book on January 5, 2016 at 7:18am — No Comments

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