The wholesale market's decline is speeding up like a car moving from surface streets to the freeway. Black Book observed the acceleration last week. Learn how the surge is manifesting in its weekly report.
Black Book: Weekly Market Update
Price drops got steeper last week, the market watcher observed.
July 23, 2024
Credit:
Black Book
1 min to read
More Industry
Dealer Debrief: Credit Scores & Exec Moves
In this week's debrief, host Lauren Lawrence covers bad credit scores, executive moves and a dealership acquisition.
Read More →
Auto Loan Outlook Shows Cracks
Recent survey data shows that the overall demand for auto loans is down, but the demand for subprime loans is up as consumers face economic uncertainty and affordability pressures.
Read More →
Sponsored•May 8, 2026
Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
Dealer Debrief: New & Used Sales Trends
In this week's debrief, host Lauren Lawrence covers new and used vehicle sales trends from March.
Read More →
Extreme Temps Hinder EV Efficiency
American consumers might be happy to know that their preferred hybrids are slightly less impacted by extreme temperatures than fully electric vehicles, according to a new study.
Read More →
A Tale of Haves and Have-Nots
A growing number of consumers are stretching the bounds of auto finance to afford today’s expensive vehicles, ultimately paying a higher price for the now-common scenarios.
Read More →
Stellantis Names U.S. Sales Head
The former Hyundai and Nissan executive is tasked with increased momentum in the important market as the automaker shifts its strategy amid a turnaround.
Read More →
Bad Credit Tanks Attainability
A recent study suggests expectant parents are feeling the burden of bad credit more than other demographics when it comes to buying a new car.
Read More →
Dealer Debrief: Ford HQ and Mercedes Studios
In this week's debrief, host Lauren Lawrence covers Ford HQ renovations, new Mercedes studios, and the state of auto loans in March.
Read More →
Dealer Debrief: Exploding Airbags & Risk Management
In this week's Dealer Debrief, host Lauren Lawrence covers a potential air bag ban and reinsurance and risk management.
Read More →