
Surprice Opens Two Rental Branches In Japan
The launch highlights the global car rental operation’s growing presence in Asia.
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The launch highlights the global car rental operation’s growing presence in Asia.
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May’s CPO sales result is the lowest since February, also down over 22% from May 2021.
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Insights from the "cereal box" workshop at the 2022 Conference of Automotive Remarketing show how consignors and auctions can be creative in accurately pricing wholesale vehicles.
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The average price paid for a new vehicle in the U.S. last month was the second-highest on record, behind only December 2021, when average transaction prices reached $47,202.
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All major market segments saw seasonally adjusted prices that were higher year over year in May, except for pickups.
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The acquisition supports the launch of the EBlock platform in the U.S. Southeast market.
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The 16 auction operations take on the name of America's Auto Auction, which XLerate bought in January.
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Its auction segment began in 2019 and has led the two segments with triple-digit growth for three years .
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The digital auction company is collaborating with Thoughtworks to expand capabilities, accuracy and transparency.
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Prices remained steady at already-elevated levels, and the conversion rate bumped up in March.
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The average listing price at the end of April was $28,365, surpassing the $28,000 mark for the first time since December 2021.
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