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11/16/2021 Weekly Market Updates

Email sent: Nov 16, 2021 3:02pm
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Issue 344 | 11.16.2021

11/16/2021 Market Update

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

  • The gains continued last week, but the rate of increase has slowed for both cars and trucks.
  • ‘No sale’s increased on the lanes this past week due to sellers raising floors and buyers exercising caution around lower condition units.
  • Full-Size Vans continue to be a standout segment with increases in forty-one out of the last forty-two weeks.
  • On a volume-weighted basis, the overall Car segment increased +0.58%. For reference, the previous week, cars increased by +0.83%.
  • The volume-weighted, overall Truck segment increased +0.55%, compared to the prior week’s increase of +0.56%.
  • Days-to-turn for used retail listings have slightly increased and now sit just above 37 days, which is still lower than what is typically expected in a normal year, but is higher than this time last year.

Read this week’s report to find out more

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