Manheim Used Vehicle Value Index – March 2013

ALG Looks at Big Picture Economics and How it Should Affect Leasing Residuals

ALG released its US economic forecast and how it all may affect vehicle leasing residuals. ALG predicts US GDP will grow 1.9% this year, with slow improvements into 2014. The US economy should be stronger than other parts of the world, and is expected to return to historical norms.

Gasoline prices aren’t expected to have a significant impact on residuals, and during this time, you can expect residuals to be up by…

Housing prices are expected to go up slightly and the wage forecast is up from January/February, affecting 36-month residuals…

Residuals are expected to be up 0.2% in March/April over January/February, and as for used market supply during this period…

Click here to read the entire March-April 2013 Industry Report from ALG…

Volkswagen Settles with Greenpeace and Sets CO2 Targets

While Toyota was able to take on the role of green car leadership with the success of its Prius hybrid, Volkswagen AG is taking on the challenge through a new strategy. It comes through a two-year discussion between Volkswagen and environmental group Greenpeace. CEO Martin Winterkorn has held his first direct meeting with Greenpeace chief executive Brigitte Behrens on Volkswagen Group reaching the emissions target set by European Union legislation of an average of 95 grams of carbon dioxide (CO2) per kilometer by 2020......

Galves Auto Price List on Spring Used Vehicle Sales Trends

What’s typically considered the “spring market” in used vehicle sales took a while but is now officially here, according to Dan Galves, Editor of Galves Auto Price List. It’s very strong for used vehicle values in all but a very few segments, and Galves expects it to be that way for some time.

Since new vehicles sold through 2008 and 2009 plummeted and trades became scarce, good vehicles from those years now coming to market do…

The market is still seeing a degree of softness in the European and Asian luxury segment, and don’t see that changing unless…

As new vehicle inventory has decreased, there’s a growing public perception that has strengthened value in one specific segment…

Click here to read the latest Galves Market Conditions report covering the wholesale marketplace…

US Market Share for Top 5 – 2012 to 2013

Ford is continuing to show strong market share – ahead of Toyota for more than 6 months
GM is far below share seen 10 years ago, but still ahead of competitors consistently
Chrysler seeing more stable, consistent market presence than it did a few years ago