10/12/2021 Weekly Market Updates

Email sent: Oct 12, 2021 11:29am
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Issue 339 | 10.12.2021

10/12/2021 Market Update

Here is a quick recap of industry related headlines over the last week:

  • Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week. 
    • The lack of new inventory is the top comment we are hearing from dealers as the reason for the strength at the auctions.
  • On a volume-weighted basis, the overall Car segment increased +0.65%. For reference, the previous week, cars increased by +0.64%.
  • The volume-weighted, overall Truck segment increased +0.52%, compared to the previous week’s increase of +0.47%.
  • Current used retail listing volume is about 17% below the start of the year. Used inventory is now starting to decrease again due to a slowdown of trade-ins and lease returns.

Read this week’s report to find out more

View Full Report
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