It’s a new week. You’re up-to-date on your favorite weekly show. Now it’s time to get back to business.
In this article, you’re going to learn how the automotive industry performed during the week of 4/27/2024 - 5/4/2024.
What Was the Market Like Last Week?
Here are the results of the following vehicle performances:
- Cars
- Trucks / SUVs
Cars
The graph below represents the performance of cars.
Sub-Compact Cars:
Down $44.00
0.58% decrease.
Compact Cars:
Down $2.00
0.02% increase
Mid-Size Cars:
Down $19.00
0.14% decrease
Full-Size Cars:
Up $13.00
0.07% increase
Near Luxury Cars:
Down $33.00
0.17% decrease
Luxury Cars:
Down $66.00
0.27% decrease
Prestige Luxury Cars:
Down $52.00
0.14% decrease
Sporty Cars:
Up $5.00
0.02% increase
Premium Sporty Cars:
Up $290.00
0.49% increase
Other Notable Information
- 0-2 year old cars: -0.05%
- 8-16 year old cars: +0.06%
Overall, car sales were down $10.00, which is a 0.06% decrease.
Trucks / SUVs
The graph below represents the performance of Trucks/SUVs.
Sub-Compact Crossover:
Down $14.00
0.11% decrease
Compact Crossover / SUV:
Down $11.00
0.07% decrease
Mid-Size Crossover / SUV:
Down $36.00
0.17% decrease
Full-Size Crossover / SUV:
Up $14.00
0.05% increase
Sub-Compact Luxury Crossover:
Down $72.00
0.42% decrease
Compact Luxury Crossover / SUV:
Down $61.00
0.27% decrease
Mid-Size Luxury Crossover / SUV:
Up $15.00
0.06% increase
Full-Size Luxury Crossover / SUV:
Down $8.00
0.02% decrease
Minivan:
Down $73.00
0.40% decrease
Compact Van:
Down $36.00
0.29% decrease
Full-Size Van:
Down $193.00
0.90% decrease
Small Pickup:
Up $39.00
0.17% increase
Full-Size Pickup:
Down $10.00
0.04% decrease
Other Notable Information
- 0-2 year old models: -0.03%
- 8-16 year old models: -0.09%
Overall, truck/SUV sales were down $21.00, which is a 0.10% decrease.
Overall Market
While there were fluctuations throughout the week, the overall auto market saw a decrease of 0.09% from last week.
How Do I Prepare for Next Week?
The automotive market is always changing. What’s popular this week might not be popular next week. You can check websites like Black Book or call your local auto auction for a weekly market report.
If you need an auto auction to keep you up to date, click the button below to speak with our dealer registration specialist to get you registered with Big Valley Auto Auction.
Not ready to talk? That’s okay! First, learn more about what it’s like to buy and sell at Big Valley Auto Auction by clicking the image below:
