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Automotive Industry:United States: Difference between revisions

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Automotive Industry:United States (view source)

Revision as of 17:23, 11 December 2023

3,252 bytes added ,  11 December 2023
→‎Prices
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== Prices ==
== Prices ==
[[File:Screenshot 2023-11-13 102603.png|alt=|center|thumb|835x835px|https://www.coxautoinc.com/market-insights/august-2023-muvvi/]]
[[File:Screenshot 2023-11-13 102603.png|alt=|center|thumb|835x835px|https://www.coxautoinc.com/market-insights/august-2023-muvvi/]]
{| class="wikitable"
! rowspan="2" |Date
! colspan="4" |Used Car Index
|-
!Index (1/97 = 100)
!Manheim Index $ amount SA
!Index % MoM
!Index % YoY
|-
|Nov-23
|205.0
|18,752
| -2.1%
| -5.8%
|-
|Oct-23
|209.4
|19,157
| -2.3%
| -4.0%
|-
|Sep-23
|214.3
|19,605
|1.0%
| -3.9%
|-
|Aug-23
|212.2
|19,412
|0.2%
| -7.7%
|-
|Jul-23
|211.7
|19,367
| -1.6%
| -11.6%
|-
|Jun-23
|215.1
|19,679
| -4.2%
| -10.3%
|-
|May-23
|224.5
|20,535
| -2.7%
| -7.6%
|-
|Apr-23
|230.8
|21,113
| -3.0%
| -4.4%
|-
|Mar-23
|238.1
|21,777
|1.5%
| -2.4%
|-
|Feb-23
|234.5
|21,452
|4.3%
| -7.0%
|-
|Jan-23
|224.8
|20,563
|2.5%
| -12.8%
|-
|Dec-22
|219.3
|20,060
|0.8%
| -14.9%
|-
|Nov-22
|217.6
|19,900
| -0.3%
| -14.2%
|-
|Oct-22
|218.2
|19,955
| -2.2%
| -10.6%
|-
|Sep-22
|223.1
|20,410
| -3.0%
| -0.1%
|-
|Aug-22
|230.0
|21,039
| -4.0%
|8.4%
|-
|Jul-22
|239.6
|21,915
| -0.1%
|12.5%
|-
|Jun-22
|239.9
|21,941
| -1.3%
|9.7%
|-
|May-22
|243.0
|22,225
|0.7%
|9.7%
|-
|Apr-22
|241.3
|22,076
| -1.0%
|14.0%
|-
|Mar-22
|243.9
|22,305
| -3.3%
|24.8%
|-
|Feb-22
|252.3
|23,076
| -2.1%
|36.7%
|-
|Jan-22
|257.7
|23,574
|0.0%
|44.9%
|-
|Dec-21
|257.7
|23,569
|1.6%
|46.6%
|-
|Nov-21
|253.6
|23,197
|3.9%
|43.5%
|-
|Oct-21
|244.0
|22,319
|9.2%
|38.1%
|-
|Sep-21
|223.4
|20,432
|5.3%
|27.1%
|-
|Aug-21
|212.1
|19,405
| -0.4%
|18.8%
|-
|Jul-21
|213.0
|19,482
| -2.6%
|23.6%
|-
|Jun-21
|218.6
|19,997
| -1.3%
|34.3%
|-
|May-21
|221.5
|20,260
|4.6%
|48.2%
|-
|Apr-21
|211.7
|19,360
|8.3%
|54.3%
|-
|Mar-21
|195.4
|17,876
|5.9%
|26.2%
|-
|Feb-21
|184.6
|16,885
|3.8%
|17.9%
|-
|Jan-21
|177.9
|16,269
|1.2%
|15.1%
|-
|Dec-20
|175.7
|16,072
| -0.6%
|14.2%
|-
|Nov-20
|176.8
|16,168
|0.1%
|16.6%
|-
|Oct-20
|176.6
|16,156
|0.5%
|15.4%
|-
|Sep-20
|175.8
|16,081
| -1.6%
|15.2%
|-
|Aug-20
|178.6
|16,339
|3.6%
|15.8%
|-
|Jul-20
|172.4
|15,765
|5.8%
|12.5%
|-
|Jun-20
|162.8
|14,895
|8.9%
|6.3%
|-
|May-20
|149.5
|13,672
|9.0%
| -1.9%
|-
|Apr-20
|137.2
|12,548
| -11.4%
| -9.2%
|-
|Mar-20
|154.8
|14,164
| -1.1%
|4.4%
|-
|Feb-20
|156.6
|14,322
|1.4%
|6.2%
|-
|Jan-20
|154.5
|14,131
|0.4%
|4.6%
|-
|Dec-19
|153.9
|14,076
|1.5%
|2.5%
|-
|Nov-19
|151.5
|13,862
| -1.0%
| -0.1%
|-
|Oct-19
|153.0
|13,999
|0.3%
| -0.4%
|-
|Sep-19
|152.6
|13,958
| -1.0%
|0.0%
|-
|Aug-19
|154.2
|14,104
|0.6%
|1.2%
|-
|Jul-19
|153.2
|14,017
|0.0%
|2.6%
|-
|Jun-19
|153.2
|14,016
|0.6%
|4.1%
|-
|May-19
|152.3
|13,931
|0.8%
|4.0%
|-
|Apr-19
|151.0
|13,814
|1.8%
|4.5%
|-
|Mar-19
|148.3
|13,569
|0.6%
|4.0%
|-
|Feb-19
|147.5
|13,491
| -0.1%
|3.2%
|-
|Jan-19
|147.7
|13,506
| -1.6%
|3.3%
|}


=== December 2022 ===
=== December 2022 ===
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* Over the month of October, daily MMR Retention, which is the average difference in price relative to the current MMR, averaged 98.6%, meaning market prices were below MMR values. The average daily sales conversion rate dropped to 52.9%, which indicates that demand has declined but remains at a decent level for this time of year. For comparison, the daily sales conversion rate averaged 52.2% in October 2019.
* Over the month of October, daily MMR Retention, which is the average difference in price relative to the current MMR, averaged 98.6%, meaning market prices were below MMR values. The average daily sales conversion rate dropped to 52.9%, which indicates that demand has declined but remains at a decent level for this time of year. For comparison, the daily sales conversion rate averaged 52.2% in October 2019.
* The sales conversion rate in October was the lowest in three months but stronger than in June and July.<ref>https://www.coxautoinc.com/market-insights/october-2023-muvvi/</ref>
* The sales conversion rate in October was the lowest in three months but stronger than in June and July.<ref>https://www.coxautoinc.com/market-insights/october-2023-muvvi/</ref>
=== November 2023 ===
==== Used ====
* Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 2.1% in November from October. The Manheim Used Vehicle Value Index (MUVVI) dropped to 205.0, down 5.8% from a year ago.<ref>https://www.coxautoinc.com/market-insights/november-2023-muvvi/</ref>
* Over the month of November, daily MMR Retention, which is the average difference in price relative to the current MMR, averaged 98.7%, meaning market prices were below MMR values.
* The average daily sales conversion rate was steady at 52.3%, which indicates that demand was stable and relatively strong for the time of year. For comparison, the daily sales conversion rate averaged 50.8% in November 2019.


== Inventory ==
== Inventory ==
Retrieved from "https://investmentwiki.mywikis.eu/wiki/Special:MobileDiff/10239"