Black Book continued to observe increased auction business last week. Read the segment-by-segment analysis in its weekly market report.
Wholesale market activity remained robust last week amid U.S. trade tariff developments.

Black Book
Black Book continued to observe increased auction business last week. Read the segment-by-segment analysis in its weekly market report.
Originally posted on F&I and Showroom

With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
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Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
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Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.
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Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.
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Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.
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China easily reigns in the segment, but European countries’ adoption rates are growing. The U.S., probably due to market size, has the second biggest EV fleet.
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The full-size pickup segment, which has been dominant in the U.S., ended 11 consecutive weeks of gains with a slight dip last week.
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Wholesale auto conversion rates dropped slightly as auction buyers proved picky last week, analysts observed.
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Fast charging of electric vehicles provides a solution for range anxiety, but it also poses a risk to battery cycle life due to increased temperatures, according to an EV supply chain data provider.
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Expanding Midwest automotive group picks up three stores as part of the robust transaction activity early this year.
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