Both depreciation and used-vehicle inventory are falling, setting the stage for the year. Get segment-by-segment details in Black Book's weekly report.
Wholesale market is stabilizing, based on last week's activity.

Black Book
Both depreciation and used-vehicle inventory are falling, setting the stage for the year. Get segment-by-segment details in Black Book's weekly 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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