Black Book: Wholesale Prices Dip

By Staff Writer May 25, 2023 364

Wholesale price declines continued last week for the overall market and only a few segments are still reporting small increases, according to Black Book Market Insights. The trend for 2- to 8-year-old vehicles, a -0.13% decline last week, is reflective of the other vehicle segments with 0- to 2-year-olds declining -0.12% and 8- to 16-year-old models declining -0.17%.

The Car Segments update:

  • On a volume-weighted basis, the overall Car segment decreased -0.16%. For reference, the previous week, cars decreased by -0.15%.
  • Only two of the nine Car segments increased last week but increases were minimal with Compact Car increasing +0.03% and Sporty Car gaining +0.01%.
  • Sub-Compact Car reported the largest decline last week, down -0.47%. This is the largest decline for the segment since the second week of February.
  • Sporty Cars continue to increase, but the rate of gain was the lowest since early January of this year.


The Truck Segments update:

  • The volume-weighted, overall Truck segment decreased -0.12%, compared with the prior week’s decrease of -0.16%.
  • Ten of the thirteen Truck segments reported decreases last week.
  • Full-Size Crossover (+0.29%), Minivan (+0.13%), and Full-Size Pickup (+0.09%) were the only Truck segments to report gains last week.
  • Compact Van (-0.46%) and Compact Crossover (-0.43%) had the largest declines.
  • Small Pickup declined for the first time in fourteen weeks.
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Last modified on Wednesday, 31 May 2023 12:53