Search results for: Used Car Prices
Australian Used Car Prices Bounce Back Despite COVID-19: New Datium Insights-Moody’s Analytics Index
A new index launched by Moody’s Analytics in collaboration with Datium Insights reveals that Australian wholesale used-vehicle prices increased by 10.6% from April to May of this year. This follows a price contraction of 14% over March and April, which means prices are almost back to pre-pandemic levels and are on par with May 2019. “The used-vehicle market benefits from a […]
COVID-19 and Used Car Prices
The Coronavirus Pandemic has dramatically changed the business environment around the world. Banks, finance companies, car manufacturers and fleet management organisations with significant exposure to auto loans and leases are readjusting their forecasts for used car prices. In aid of this, the following report highlights our observed history of used car prices and how COVID-19 […]
Are Used Car Prices Dropping?
While the Coronavirus pandemic continues, the Automotive Industry will face an extended period of disruption as consumer behaviors drastically change. Following our previous article, ‘What the Coronavirus means for car sales’, Datium Insights takes a deeper look at whether used car prices are falling and what might drive their behavior going forward. Latest Articles Contents: […]
Global Car Production, Sales and Exports October 2021
Read our monthly update on global car production, new car sales in key markets, export levels and imports into Australia. Please contact us at info@datiuminsights.com.au for any questions. Global Car Production While there were hopes of a strong recovery this year, issues related to chip shortages have dampened these prospects With the exception of China, […]
Global Car Production, Sales and Exports May 2021
Read our monthly update on global car production, new car sales in key markets, export levels and imports into Australia. Global Car Production The global chip shortage may have peaked according to analysts Hyundai turns to local firms in South Korea for chips In the UK, manufacturers are bringing forward plans to roll out agency […]
Will There Be More Car Sales in 2021?
As 2020 comes to a close, we review the effects of the Coronavirus pandemic on car sales, prices and supply while predicting what’s in store in 2021. Contents Background New Car Sales in 2020 Used Car Market in 2020 Effects of the Pandemic over time 2021 Outlook for Car Sales Background There’s no doubt that […]
Monthly Car Supply Update November 2020
Read our monthly update on VFACTS results, new car sales trends, imports and exports. New Car Sales November 2020 November 2020 saw a total figure of 95,205 new car sales for Australia as reported by VFACTS Figures show new car sales have increased by 12% in November 2020 versus November 2019 – the first increase […]
Monthly Car Supply Update October 2020
Read our monthly update on car supply movements into Australia. New Car Sales October 2020 October 2020 saw a total figure of 81,220 new car sales for Australia as reported by VFACTS Latest VFACTS figures show that new car sales have fallen by only 1% in October 2020 compared to October 2019 With COVID-19 cases […]