OPENLANE: Canadian Wholesale Index Flat Again, but Bests Year-Ago Level
By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our Privacy Policy. We may share your information with select partners and sponsors who may contact you about their products and services. You may unsubscribe at any time.
REDWOOD CITY, Calif. –
Canadian prices were sequentially static for the second consecutive month during April, but posted a year-over-year gain of 4 percentage points, according to the latest analysis from OPENLANE.
Specifically, the Canadian Market Index was at 99, a level it has held steady since February, OPENLANE indicated.
By segment, three of the four categories in OPENLANE’s analysis increased in price, with one flat month-over-month.
More specifically, there was a 1-percentage-point month-over-month gain in car prices and a 3-percentage-point sequential hike in minivan values.
Trucks were up 2 percentage points month-over-month, with SUV prices remaining steady.
Sharing trends in dealer interest for the month, OPENLANE pointed out that the car segment was the only category to show an increase from the previous month.
Subscribe to Auto Remarketing to stay informed and stay ahead.
By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our Privacy Policy. We may share your information with select partners and sponsors who may contact you about their products and services. You may unsubscribe at any time.
Interest in the segment jumped sequentially and jumped 16 percentage points year-over-year.
Meanwhile, minivans experienced a 22-percentage-point month-over-month drop and a 66-percentage-point year-over-year decline.
SUVs improved 7 percentage points from April 2010, despite falling 5 percentage points from March. Trucks were off 3 percentage points from March and 14 percentage points from the year-ago period.
