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9/14/2021 Weekly Market Updates

Email sent: Sep 14, 2021 11:14am
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Issue 335 | 9.14.2021

9/14/2021 Market Update

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

  • On a volume-weighted basis, the overall Car segment increased +0.31%. For reference, the previous week cars increased by +0.18%.
  • The volume-weighted, overall Truck segment increased +0.09%, compared to last week’s decline of -0.02%.
  • Dealers are anticipating demand for used vehicles to remain strong due the continued new inventory production delays and a consumer need for replacement vehicles from the damages of hurricane Ida in the South and Northeast.
  • Current used retail listing volume is about 15% 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

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