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Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.
Combined sales into large rental, commercial, and government buyers were down 30% year over year in February. Sales into rental were down 52% YOY.
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The unified brand brings together a more complete array of services for light, medium and heavy-duty trucks and trailers.
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The four senior vice presidents take on key roles within a much larger company since AAA was acquired by XLerate Group in December 2021.
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The increased digital transactions since 2019 point to a wide embrace of online auction markets.
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FastLane will be the anchor asset for EBlock to expand its reach by enabling digital dealer-to-dealer buying and selling, positioning EBlock for further reach in the U.S. Midwest.
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The agreement is closely aligned with KAR’s digital strategy, and will allow KAR to focus on its portfolio of digital marketplaces.
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Inventory has improved since last summer’s supply drought, but availability remains well below pre-COVID levels.
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The complementary deal enables the make of sustainable solar panel chargers to offer more energy density and boost the company's battery supply chain.
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The average used-vehicle listing price dipped below $28,000. The inventory volume and days’ supply are both above last year, although sales remain low.
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The latest trends in the key indicators suggest wholesale used-vehicle values will likely see further declines in the second half of the month.
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