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Newsby News/Media ReleaseJune 17, 2022

CPO Sales Drop 17.5% YTD in May

May’s CPO sales result is the lowest since February, also down over 22% from May 2021.

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ArticlesJune 10, 2022

Wiggling Your Way to the Right Floor Price

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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Newsby News/Media ReleaseJune 9, 2022

New Vehicle Prices Linger at Record Highs

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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Newsby News/Media ReleaseJune 7, 2022

Wholesale Used-Vehicle Prices Increase in May

All major market segments saw seasonally adjusted prices that were higher year over year in May, except for pickups.

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Newsby News/Media ReleaseJune 4, 2022

EBlock Acquires Louisiana's 1st Choice Auto Auction

The acquisition supports the launch of the EBlock platform in the U.S. Southeast market.

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Newsby News/Media ReleaseJune 3, 2022

XLerate Group Rebrands Auctions Under New Banner

The 16 auction operations take on the name of America's Auto Auction, which XLerate bought in January.

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Newsby News/Media ReleaseMay 26, 2022

Black Widow Sets Record with 100% YOY Growth in Image Sets Captured

Its auction segment began in 2019 and has led the two segments with triple-digit growth for three years .

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Newsby News/Media ReleaseMay 24, 2022

KAR Global Launches Enhanced Condition Reports for BacklotCars

The digital auction company is collaborating with Thoughtworks to expand capabilities, accuracy and transparency.

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Newsby News/Media ReleaseMay 21, 2022

Quarterly Auction Industry Metrics Point to Spring Bounce

Prices remained steady at already-elevated levels, and the conversion rate bumped up in March.

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Newsby News/Media ReleaseMay 20, 2022

Used Vehicle Supply Holds Steady as Asking Prices Rise

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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