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Automotive Industry:Europe: Difference between revisions
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=== Used Cars === | === Used Cars === | ||
The AUTO1 Group Price Index shows the monthly evolution of used car prices across Europe. By analyzing AUTO1 Group’s database of around 3.6 million used car transactions Europe-wide, AUTO1 Group has developed a pioneering index to improve data transparency in the used car market and give insights into wholesale prices. The starting point of the AUTO1 Group Price Index is January 2015 with a reference value of 100. The AUTO1 Group Price Index is published on a monthly basis. | The AUTO1 Group Price Index shows the monthly evolution of used car prices across Europe. By analyzing AUTO1 Group’s database of around 3.6 million used car transactions Europe-wide, AUTO1 Group has developed a pioneering index to improve data transparency in the used car market and give insights into wholesale prices. The starting point of the AUTO1 Group Price Index is January 2015 with a reference value of 100. The AUTO1 Group Price Index is published on a monthly basis. | ||
[[File:Screenshot 2023-09-08 125253.png|center|thumb|554x554px|https://www.auto1-group.com/press/pressrelease/auto1-group-price-index-used-car-prices-remained-stable-in-august/]] | |||
==== August 2023 ==== | |||
* The AUTO1 Group Price Index, The European Used Car Price Report, remained stable in August 2023. The Index showed a slight decrease of '''0.5% moving from 148.2 in July to 147.4 in August.'''<ref>https://www.auto1-group.com/press/pressrelease/auto1-group-price-index-used-car-prices-remained-stable-in-august/</ref> | |||
* '''Year over year, used car wholesale prices decreased by 13.7%,''' with the index moving from 170.8 in August 2022 to 147.4 in August of this year. However, used car prices are still '''25.5% higher than before COVID-19 pandemic in August 2019.''' | |||
* '''Year to date, prices remain stable with a slight decrease by 1.3% from January to August.''' | |||
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