Black Book Highlights Market Gains

By Staff Writer April 11, 2023 720

Black Book Market Insights’ report shows the market continued to increase last week, but the rate of gain slowed down slightly to +0.43%, compared with the prior week’s increase of +0.51%. Despite the market reporting the smallest single week increase in a month, the gains still remain far larger than what is typically experienced this time of year.

  • On a volume-weighted basis, the overall Car segment increased +0.52%. For reference, the previous week, cars increased by +0.62%.
  • Eight of the nine Car segments increased last week.
  • Prestige Luxury Car minimally increased with a gain of +0.0026%, this was the first time this segment has had an increase in values since last June.
  • The Sporty Car segment has now been in positive territory for 12 consecutive weeks with an average weekly increase of +0.60%.
  • The volume-weighted, overall Truck segment increased +0.39%, compared with the prior week’s increase of +0.46%.
  • Twelve of the thirteen Truck segments reported increases last week.
  • Compact Van returned to positive territory for the first time since last September, with a minimal gain of +0.05%.
  • Minivan (+1.12%) was the only segment to report a gain greater than 1% last week.
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Last modified on Tuesday, 18 April 2023 10:41