Activity fell modestly last week as depreciation continued in the market.

Declines were observed across the market last week.

Activity, though down slightly from the previous week, was above the average seasonal prepandemic level.

Bidding and sales kept up their recent momentum nationally.

U.S. trade tariff effects continued to influence wholesale activity last week.

Wholesale market activity remained robust last week amid U.S. trade tariff developments.

The wholesale market boomed last week due to trade tariffs' influence.

Report analyzes results of the last week before U.S. trade tariffs were set to take effect.

Larger-than-normal increases distinguished last week's market.

Black Book was monitoring the effect of trade tariffs and consumer tax refunds on used-vehicle prices.