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Volume-weighted, wholesale values for overall car and truck segments both showed gains for the ninth week in a row, increasing 1.46% overall last week (compared to 1.45% the prior week).
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Wholesale market prices were strong for the last week of June, and were maintained by federal stimulus, together with still limited used-vehicle inventory.
Read More →Tim West, Black Book’s longtime Vice President of North American Auctions, received the Ed Bobit Industry Icon Award, which honors those for their contributions to the remarketing industry.
Read More →The second week of June continued a story of rebounding wholesale prices, with volume-weighted overall car and truck segments both showing gains for a third week in a row, gaining 0.62% overall, Black Book reported.
Read More →Black Book’s latest COVID-19 Market Update found that while used vehicle values have continued to depreciate since the last week of March, the rate of depreciation has been significantly lower over the last two weeks.
Read More →The Automotive Fleet & Leasing Association (AFLA Canada) held a webinar on Thursday, May 7, 2020 on the Canadian fleet market titled "The Impact of the Recent Economic Downturn on Vehicle Depreciation: What Fleets Need to Know.”
Read More →The COVID-19 pandemic continues to impact wholesale values for both cars and trucks, but sales rates have started to increase on the lanes, Black Book reported.
Read More →Wholesale values continue to drop for both cars and trucks as the COVID-19 pandemic continues to impact the industry.
Read More →Overall car segment values decreased 0.65% last week. Meanwhile, overall truck segment values decreased 0.73%% last week
Read More →Overall car segment values increased 0.32% last week and overall truck segment values increased 0.20% last week.
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