NADA Guidelines is a must-have resource for analysis and information on the current state of the automotive market, as well as that of the overall economy. This market report compiles a robust data set from various industry sources as well as from our own propriety analytical tool, to deliver the insight you need to make decisions in today’s market.
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Used Car & Light-Duty Truck Guidelines: What a Happy New Year: Not only are we over our collective equity market hangover, but we rounded out 2014 as one of the best years in automotive sales history. Our forecast for light vehicles ‒ which we made back in January of 2014 ‒ was spot-on. We expected to sell 16.42 million light vehicles and ended up selling 16.44 million. This isn’t to say there weren’t a few surprises, as oil has fallen sharply on the back of a market share war with Saudi Arabia and our interest rate forecast was also off; we expected a rise and ended up largely unchanged. Our fears about a weakening Chinese economy and continued dying growth in the Eurozone and Japan proved accurate. Download the January Used Car & Light-Duty Truck Guidelines here.
Commercial Truck Guidelines: The year 2014 was marked by increased availability of late-model,lower-mileage trucks driven by a return to 3-to 5-year trade cycles. Pricing remained extremely strong for these trucks, thanks to heavy demand. Retail and wholesale sales volume declined in the fourth quarter, but pricing remained elevated. In general, year-over-year comparisons for most segments were favorable in 2014. Download the January Commercial Truck Guidelines here.
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