---
title: COVID-19 Valuation Services Update (06.05.20)
description: As the COVID-19 situation continues to develop, J.D. Power Valuation Services is committed to supporting our industry through this unprecedented time. What follows are our insights through the week ending May 31.
---

<https://blog.jdpa.com/automotive>

# [COVID-19 Valuation Services Update (06.05.20)](https://blog.jdpa.com/automotive/vs-covid19-update-060520)

 Written by [Valuation Services team](https://blog.jdpa.com/automotive/author/valuation-services-team) | Jun 18, 2020 1:39:38 PM

As the COVID-19 situation continues to develop, J.D. Power Valuation Services is committed to supporting our industry through this unprecedented time.

What follows are our insights through the week ending May 31.

**The Takeaways **

- New vehicle sales recovery resumes after pause. Sales accelerated at month-end as the industry exited the period with its strongest performance since the COVID crisis began.
- Wholesale auction activity narrows the gap on pre-virus levels. Auction sales reached 90,000 units, just 6% below pre-virus expectations.
- Wholesale auction prices exceed pre-virus expectations. Prices rose 2.3 percentage points to mark the sixth consecutive week of growth. Prices are now slightly above our pre-virus forecast.

Access the full update by [clicking here >](https://blog.jdpa.com/hubfs/Files/COVID-19/Automotive/COVID-19%20Update%2006_05_2020_Final.pdf)

[View full post](https://blog.jdpa.com/automotive/vs-covid19-update-060520)

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