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6/22/2021 Weekly Market Updates

Email sent: Jun 22, 2021 12:09pm
Black Book's most recent Market Updates

Issue 323 | 6.22.2021

6/22/2021 Market Update

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

  • Wholesale prices remain strong, however there are signs of softening in the market this week, as prices of newer used vehicles seem to be hitting a ceiling.
  • Cars segments at +0.75% is the lowest weekly gain in seventeen weeks and Truck / SUV segments at +0.68% is the lowest weekly gain in fifteen weeks.
  • Full-size Crossover/SUV segment had the highest gains for the week at 1.17%, followed closely by Full-size Vans at +1.08%.
  • Despite the limited inventory on dealer lots, dealer lanes continue to have higher volume at auction, while manufacturers’ remarketing lanes are offering less and less in open sales channels.

Read this week’s report to find out more

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