Cars & Trucks See Thirteenth Week of Wholesale Growth

Volume-weighted, overall car and truck segments both showed gains for the thirteenth week increasing 0.52% this week (compared to 0.82% the prior week). 

As for specifics, the overall car segments increased by 0.39% (compared to 0.65% the prior week), and the overall truck and SUV segments increased again this past week at 0.59% (compared to 0.91% the prior week), according to Black Book

For cars, overall, premium sporty cars experienced the largest car segment gains this past week at 0.97% with the shrinking full-size var segment not far behind at 0.82%. The car segments continue their increase, but the rate of increase has lost a lot of the steam that we have been seeing over the last thirteen weeks. 

When volume-weighting is applied, the overall truck segment (including pickups, SUVs, and vans) values increased by 0.59% last week. The pickup market continues to be on fire with small pickups and full-size pickups having large gains this past week at 1.19% and 0.99%, respectively. 

Two surprise increases this past week were the sub-compact and compact luxury crossover segments. These segments are relative newcomers to the market and competition in these segments is not as crowded as their mainstream counterparts.