MISSISSAUGA, Ontario -

Canada’s wholesale prices increased on a both a year-over-year and sequential basis during January, according to the latest ADESA Canada Used Vehicle Price Index report, which indicated that sale units going through auctions for January climbed from the prior month and showed a year-over-year decline.

Specifically, ADESA’s data — powered by ALG Canada — indicated that the there was a 0.3-point decline in the index compared to December on a seasonally adjusted basis.

“As seasonally expected, the number of sale units going through auction has increased over December levels but comparatively speaking, down from January ’10 levels,” officials noted.

“Following seasonal expectations, prices strengthened over December; and strengthened by approximately 9 percent ($859/unit) over January ’10 levels,” they added.

Breaking it down by segment, the lone category to show a year-over-year uptick in volume were full-size pickups. Their resale prices jumped 17 percent.

Prices for mid-compacts climbed 11 percent. Their volume decrease was in the single digits, officials noted.

The volume declines for the midsize and minivan segments were both around 33 percent. Resale prices for minivans jumped 11 percent, while the midsize segment showed a 14-percent gain.

Finally, there was an 8-percent uptick in midsize SUV prices. Officials noted that the volume decrease for this segment was approximately 50 percent.