Dan Galves
Editor
Galves Auto Price List
While the spring market ended faster than Galves Auto Price List predicted, vindication appears to be happening by recent market trends. Spring market came and went quickly as a spring shower. Now it looks like we’re heading into a long, steady “summer slog” that’s been all too familiar in most years. Expect to see normal summer declines as we head into fall.
Click here to read the complete Galves Market Conditions report
Except for Pickups, Used Car Market Has Weakened in All Segments:
Pickups have been scarce due to weak new truck sales, rebound in construction, and reasonable fuel prices.
Reasonable Fuel Prices Had Opposite Effect on Econo-Cars:
Later model European and Asian luxury cars, mainstream midsize imports, full-size SUVs, and most crossovers beginning to erode consistently as well.
Automakers in New Vehicle Market Share Battles with Rebates and Incentives:
Just about all later model segments seeing significant softening because of it.
