Automotive Digital Marketing

Professional Community for Car Dealers, Marketing, Advertising and Sales Leaders

Loading... Be Patient!

Spring Market Strength in Fifth 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 report.

This week’s Market Insights Report shows the latest trends during the current spring market, where several car segments continue to show strong week-to-week retention. The report also includes the latest trends on incentives. Auto manufacturers have remained disciplined on incentive levels in recent months. This trend could change with rising new vehicle prices and slowing retail sales.

“Broad strength in the used vehicle market continues. Last week marked the fifth consecutive week for positive adjustments to values,” said Anil Goyal, Executive Vice President, Operations for Black Book.

  • Volume-weighted, overall car segment values increased by 0.24% last week. In comparison, the market values had increased by 0.27% on average during the prior 2-week period.
  • In cars, the values of Compact Cars increased the most, rising by +0.66%.
  • Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values increased by 0.16% last week. In comparison, the market values were up by 0.09% on average during the prior 2-week period.
  • In trucks, Sub-Compact Crossovers and Compact Vans had the highest increases.

 

Click here to download the full report.

Views: 9

Comment

Oops... You need to stop "Lurking" on ADM and become a more genuine Automotive Professional by completing your membership registration. As a registered ADM Member, you can post comments, publish your own articles (be a star!) and start Forum discussions. Stop being an online "Peeping Tom" and JOIN ADM RIGHT NOW!

Join Automotive Digital Marketing

Automotive Professional Network and Resource Exchange for Car Dealers, Managers, OEM and Marketing Practitioners seeking Best Practices.

ADM Sponsor

Please Consider Automotive Marketing Professional Community Sponsors

ADM Badge

Loading…

Based On Your Interests...

ADM Consulting, LLC

Onsite/Offsite Combination ADM Consulting, LLC Professional Services
Select the maximum monthly investment you plan to make
$USD
Sign up for

Automotive Marketing Tools

Get ADM Toolbar

Click here to take the ADM Member Survey

Getting too many emails from ADM? Click mailbox below to control which types of alerts and updates you are sent......


Instagram

Top Automotive Marketing Forum Discussions

Share the Best Content w/AutoMarketing Community

© 2019   Created by Ralph Paglia.   Powered by

ADM Badges  |  Report an Issue  |  Terms of Service