1. 2 sons and daughters, august 22, 2013 a shift in performance means cautious optimism august 21,...
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Sons and Daughters, August 22, 2013
A Shift in Performance
Means
Cautious Optimism
August 21, 2013
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Thoughts for Today
Some recent market trends.
What can we expect for 2013 and 2014?
Issues that will affect your efforts.
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Stronger Then Weaker
Date % of Increases
Nov 9 25
Nov 16 23
Nov 23 40
Nov 30 31
Dec 7 36
Dec 14 37
Dec 21 43
Dec 28 50
Jan 11 36
Jan 18 33
Jan 25 41
Feb 1 36
Feb 8 41+
November 2012-February 2013 May 2013-August 2013
Date % of Increases
May 24 28
May 31 27
June 7 26
June 14 28
June 21 18
June 28 26
July 3 22
July 12 15
July 19 23
July 26 18
Aug 2 19
Aug 9 16
Aug 16 19
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Vehicle Adjustments 2011-2012
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Vehicle Adjustments 2012-2013
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Vehicle Adjustments 2012
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Vehicle Adjustments 2013
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Vehicle Adjustments 2012
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Vehicle Adjustments 2013
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Vehicle Adjustments 2011-2012
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Vehicle Adjustments 2012-2013
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Vehicle Adjustments 2013
7 above norm
5 below 1.0%
7/1/13 to 8/1/13
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August 2013 trending - Cars
Cars: Better than trucks past 3 weeks Greater declines 8/2 to 8/16 for 6 of 10 segments
Average decline: -.41%Average increase: +.06%
Increasing segments: mostly upper end vehiclesNLCPLCPSCFSCYear ago average car change greater overall:
-$63 in 2012 and -$57 current change
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August 2013 trending - Trucks
Trucks: larger overall declines than cars but more consistent
CPT, MPT, & FPT: better retention segments
Averaged -$19 or -.15%
Biggest trend change: CSU increased 6 of 7 weeks then most current 3 week avg change of -$103
Minivans greater declines during August
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Where is the Used Market Going?
New sales continue to prosper. Supports more used.
At 15.5 to 15.6M creates 9.3 million trade-ins
Prerecession sales of 16.5M created 9.9M trades
Only 600,000 fewer used cars appearing C4C eliminated 750,000
11.4 years old. The older cars will seek a new $ point.
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Where is the Used Market Going?
Termed very rational at this time
Increasing used inventory volume
Less aggressive bidding: physical and online auction venues
Gas prices
Last 3 weeks trucks softer than cars
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Hybrid/Electric Demand
2012: Only 2.0 - 2.7% penetration
2013: Growing to 3.0 – 3.38% due to more players
CAFÉ 2015 & 2025
More players 2009: 20 hybrid vehicles* 2013: 45 hybrid vehicles, 13 electric vehicles and 1 NGV*
Held back by sub $4.00 gas
How much of a game changer will $5 be?
*Source: hybridcars.com
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Just call or emailRicky Beggs VP, Managing Editor
Tim West, VP, North American Auction Director770.533.5230
Questions?