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December Wholesale Prices Up 3% Over November, ADESA Says

Tom Kontos Executive Vice President, Customer Strategies & Analytics ADESA Analytical Services Wholesale prices were up more than 3% over November – evidence of some residual effects of Superstorm Sandy; December does tend to seasonally be a stronger month than November as consignors tend to hold cars during the month in anticipation of January; those […]

Manheim Used Vehicle Value Index – December 2012

Manheim Used Vehicle Value Index – December 2012

Kontos Kommentary – December 2012

Kontos Kommentary – Dec 2012

 

Dataium’s ASI Report Saw Strong Sales Activity in December

Dataium’s Automotive Shopper Intensity (ASI) report saw strong new vehicle sales numbers in December – 2.38% over November. The holiday spirit was present with consumes pursuing year-end incentives and post-hurricane car replacements.

US retail SAAR numbers were positively impacted by Hurricane Sandy, increasing numbers by as much as…

The Index uptick indicated a good month in December for automakers, with year-end events starting earlier than usual to attract more buyers…

Ford saw an overall increase in shopping intensity for its product, with three of its models making it into the top 10 ASI ranking…

Click here for more analysis from Dataium’s ASI report and how certain market conditions are influencing new and used vehicle sales…

 

Art Spinella on How the Year Wrapped Up for Retail Used Vehicle Sales

Retail car sales guru Art Spinella says that the year closed out well for Franchised and Independent dealers in used vehicle sales. It hit 40 million units for the first time since 2007, a 4.5% gain over last year’s 38.8 million.

Franchised dealers had a very good year – sales were up from than 8%, while Independents saw a more modest gain of…

Franchised dealers saw used sales reaching 15 million units for the year, a million more than Independents, while Private Party saw…

Used car prices were off for dealers in December versus November, but Franchised and Independent dealers made up for it through…

Click here to find out about the used-car days’ supply and other important factors for dealers seeing a strong year in used vehicle sales…

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