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Wholesale Used-Vehicle Values Fall as Cox Automotive Cuts 2026 Forecast
Wholesale used-vehicle prices declined in September as depreciation accelerated, prompting Cox Automotive to lower its year-end forecast.
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SEARCHMENUSEARCHWholesale used-vehicle prices declined in September as depreciation accelerated, prompting Cox Automotive to lower its year-end forecast.
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Lower new-car sales in 2008, along with fewer trade-ins, off-lease vehicles, and rental fleet vehicles last year contribute to a shortage in used vehicles.
Read More →KAR Auction Services Inc. made its trading debut Dec. 11, 2009, despite making less than expected through its IPO in what was to be used to shrink the company's heavy debt load.
Read More →Despite the overall decline in vehicle values, auction activity picks up in final two weeks.
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Rental car companies large and small grapple with tight lending, lower demand and two supplier bankruptcies. Is the industry heading in the right direction?
Read More →Low dealer consignment levels and a 30 percent drop in off-rental volumes have kept used vehicle prices afloat.
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The new fuel extraction unit from Extreme Fuel Transfer Systems Inc. uses patent-pending technology to simultaneously remove fuel from up to six vehicles at a time.
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Jim Hallett of ADESA shared his insights on the future of the remarketing industry, in particular, the impact of technology.
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Wholesale auction prices have begun to stabilize, though the recent financial crisis could throw a monkey wrench into gains.
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Donating your out-of-service vehicles to charity helps your business get a better tax deduction, reduce liability and receive positive public relations.
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When it’s time to “down fleet” or turn your rental vehicles over for the new model year, which vehicle preparation strategies can improve resale value? Further, what actions only break even or potent...
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