Black Book Index Sees First Increase

By Staff Writer June 11, 2019

Black Book’s Used Vehicle Retention Index for May rose slightly to 114.4 from 113.6 in April.

The increase marked the first monthly rise dating back to October.  With a strong finish to the spring market visible in May, many car segments saw their index position strengthen, while a handful of luxury segments declined.

Subcompact cars saw the strongest month at an increase of 0.85 percent.

The luxury car segment declined 0.94 percent during May.

Trucks, SUVs and crossover segments remained largely unchanged during May.

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Last modified on Monday, 17 June 2019 13:33

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