Economic News

This week I was honored to participate in the Commercial Vehicle Business Summit. A wide range of topics were discussed over the two days, but what was clear to me is the medium duty industry is serious about electrification, particularly on the lighter-GVW end of the spectrum.

After increasing 1% the week ending Feb. 14, wholesale auction prices continued to rise during the week ending Feb. 21. Prices last week improved 0.4%, which...

After increasing 0.9% the week ending Feb. 7, wholesale auction prices continued to rise during the week ending Feb. 14. Prices last week improved 1%, which...

January is usually the lowest-volume month of the year, due to few auctions on the calendar. Because of this small sample size, we won’t draw conclusions about the market just yet. That said, our prediction the year should start strong was certainly supported by hammer prices.

After increasing 0.6% the week ending Jan. 24, wholesale auction prices continued to rise during the week ending Jan. 31. Prices last week improved 0.6% matching...

After increasing 0.8% the week ending Jan. 10, wholesale auction prices continued to rise during the week ending Jan. 17. Prices last week improved 0.5%, extending...

After increasing 1.6% the week ending Jan. 3, wholesale auction prices continued to rise during the week ending Jan. 10. Prices last week improved by an...

After a 2% decline the week ending Dec. 27, 2020, wholesale auction prices bounced back during the week ending Jan. 3, 2021. During this period prices...

After a slight increase the week ending December 6, wholesale auction prices declined during the week ending December 13. During the week ending December 13 prices...

After several weeks of price declines, wholesale auction prices increased during the week ending Dec. 6. This was the first week that prices have grown since...