Ricky Beggs
Editorial Director
Black Book
The level of declining activity after a pretty good fall market has kind of caught people off guard. It’s likely something will give and with the time of the year, the increasing volume of units in the wholesale channels, and comments that many retail lots are pretty full, it looks like there will be an adjustment in the floors to get things flowing a little faster.
Here’s the latest Beggs on the Used Car Market
Most Frequent Feedback Coming in Related to Slow Rental Market Conversion:
Followed by pickups, especially 4WD configurations, doing better than overall market.
Change for All 3 Pickup Segments Confirm a Better Return Week Over Week:
Compact, Mid-size, and Full-size Pickups all lower change than prior week
Cars Saw Second Largest Declining Amount Since Sept. 20, 2013:
On more positive note, 4 of 10 segments had smaller weekly change levels than prior week.
