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Newsby StaffMay 28, 2020

Overall Light-Vehicle Sales Down in May but Expected to Rise

The COVID-19 pandemic is still plaguing the light vehicle market, but May’s sales pace is still expected to be a giant step forward on the path to recovery.

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Newsby StaffMay 20, 2020

Wholesale Optimism: Used Vehicle Prices Up 5.74% in May

According to Manheim, wholesale used vehicle prices increased 5.74% in the first 15 days of May compared to the month of April. New and used retail vehicle sales show substantial gains from March’s free fall.

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Newsby StaffApril 11, 2020

Car Sales Return Quickly in Wuhan

In the city that was the epicenter for the coronavirus pandemic, auto sales are expected to rebound to year-over-year parity by the end of April, the Reuters report states.

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Newsby StaffMarch 16, 2020

KAR Global Transitions to Simulcast-Only Sales to Minimize Coronavirus Exposure

KAR Global is immediately transitioning to Simulcast-only sales at all U.S. and Canada ADESA auction locations until further notice as the coronavirus pandemic continues to evolve, according to KAR Auction Services.

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Newsby StaffMarch 8, 2020

Cars Top Tax Refund Wish List, Enterprise Finds

Nearly three in five (58%) of those planning to spend their 2019 tax refunds intend to put them toward a car purchase, the survey found.

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ArticlesJanuary 30, 2020

4 Ways Rental Fleets Are Elevating Used Vehicle Residual Values

The memories of the stripped-down rental car are gone. What’s changed, and how has it affected the new and used vehicle ecosystem?

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Newsby StaffJanuary 12, 2020

European Remarketer BCA to Install 3-Second Vehicle Inspection Stations

The fully automated damage inspection portals from ProovStation can identify scratches as small as a millimeter, according to the company.

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Articlesby Chris BrownNovember 18, 2019

Are We Reaching a Used Car Segment Tipping Point?

The used car market has adopted a Swiss Army-knife approach to managing the “off-lease tsunami,” which turned into a manageable rising tide. Are new market dynamics breathing life into a segment left for a dead, the midsize sedan?

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Newsby StaffNovember 10, 2019

Enterprise Honors Auction Achievement Members

The annual program recognizes Enterprise Holdings’ automotive auction partners for their exceptional services and support efforts to remarket the company’s late-model, low-mileage, well-maintained rental, and fleet vehicles to potential buyers.

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Newsby StaffSeptember 12, 2019

Hurricane Dorian Will Bring More Flood-Damaged Cars to Used Market

An increasing number of flood-damaged vehicles are returning to the used market across the country, and increasingly in states where flooding might not be top of mind, according to new data from Carfax.

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