Canadian Wholesale Values Increase Across the Board
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REDWOOD CITY, Calif. –
Wholesale values were up on a month-over-month basis across all segments in Canada during August, as overall auction prices climbed 2 percentage points sequentially while also showing a double-digit year-over-year increase, according to OPENLANE.
More specifically, the company’s Canadian Market Index came in at 107 in August, up from 105 in July and 97 in August 2010.
Breaking it down by segment, car prices were up 1 percentage point month-over-month and minivans showed a 3-percentage-point gain.
There was a 2-percentage-point hike in SUV values, while trucks were up 1 percentage point.
As far as dealer interest, two segments were up sequentially, while the other two fell.
Cars dipped 1 percentage point month-over-month and showed no change from the year-ago period.
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There was a 9-percentage-point sequential decline for minivan interest, which was up 5 percentage points year-over-year, though. Dealer interest in SUVs jumped 6 percentage points from July and was static from August 2010.
Lastly, trucks increased 1 percentage point from July and fell 1 percentage point from the year-ago period.
