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Newsby News/Media ReleaseMay 20, 2022

Used Vehicle Market Slows Down This Spring

Year to date, the total used-vehicle market is on pace to finish down more than 10% from 2021’s 40.6 million total.

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ArticlesMay 17, 2022

Black Book: Residual Values, Volume, Sales Trends to 2024

With a lack of used vehicles and rental units returning to market, demand continues to outweigh supply. When will the market come back down to earth?

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Newsby News/Media ReleaseMay 10, 2022

KAR Global Completes Sale of ADESA to Carvana

Used vehicle marketplace KAR Global has now sold all of its ADESA U.S. physical auction business to Carvana. KAR will continue to operate its online auction portal Openlane.

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Newsby News/Media ReleaseMay 9, 2022

CPO Sales Improve Slightly in April, Remain Behind 2021

The overall used-vehicle market is experiencing a weaker spring than expected

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Newsby Martin RomjueMay 9, 2022

IARA Tees Up Annual Summer Roundtable

The International Automotive Remarketers Alliance opens registration and releases a schedule for its conference that brings together consignors, auctions, dealers, and finance companies.

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Newsby News/Media ReleaseMay 6, 2022

Fleet Sales Improve YOY in April, Outperform Retail Sales

After including dealer and manufacturer fleet sales, the total fleet share of all sales was 14%, up 2% from April 2021's fleet share.

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Newsby News/Media ReleaseMay 6, 2022

Wholesale Used-Vehicle Prices Decline in April

Combined sales into large rental, commercial and government buyers were up over 4% year over year in April.

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Newsby News/Media ReleaseMay 5, 2022

North Bay Auto Auction Earns Top Award From Merchants Fleet

The Northern California operation is recognized for setting a standard of excellence for the auction industry.

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Newsby Martin RomjueApril 28, 2022

Carvana CEO, Tech-Mobility-EV Expert to Keynote IARA Event

Carvana’s Ernie Garcia and Parkmyfleet CIO Kristin Slanina will bring their latest insights for consignors and auctions at the International Automotive Remarketers Alliance annual Summer Roundtable.

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Articlesby Martin RomjueApril 21, 2022

Navigating Life When the Storms Never Seem to End

CAR 2022 IARA Session: A crisis, trial, setback, or challenge — you can’t change the conditions, but you can summon the circumstances, a veteran U.S. Army Ranger tells a conference of vehicle remarketers.

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