July 2009 Issue
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OPENLANE Market Index
The OPENLANE Price Index measures pricing trends by segment in our online marketplace. It represents the most recent prices obtained at auction and provides for a high level trend of pricing in the just concluded month relative to monthly pricing since January 2008. Given the market volatility of 2008 in general, we have continued to show trends with January 2008 as a baseline. We intend to change the index to show a rolling 13 months sometime in the future. OPENLANE US Market Index
US Price Trend: All vehicle segments continued to show price stability in June 2009; Dropping dealer interest in Trucks.
US Dealer Interest Trend: SUVs and Minivans showed more dealer interest while interest in Trucks decline significantly. ![]()
OPENLANE Canadian Market Index
Canadian Price Trend: All vehicle segments showed stronger pricing compared to June 2008. ![]()
Canadian Dealer Interest Trend: Trucks and Minivans showed more dealer interest while interest in Cars and SUVs decline. ![]()
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NEWS and updates
OPENLANE recently promoted Mike Briggs to vice president of transportation. Briggs has been instrumental to the success of OPENLANE's transportation services and is responsible for continually improving upon the transport process for consignors and dealers across North America. Read More Contact Us
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