Auction Sales Volume Grows in August
Monthly and year-to-date vehicles sales at auctions reflect strong commercial sales growth this year.
Monthly and year-to-date vehicles sales at auctions reflect strong commercial sales growth this year.
ICRS 2024: Developing a big picture plan and strategy while tracking key metrics and managing small expenses can free up the profit pipeline.
New automated absolute sale enables dealers to capture peak buyer demand in real time.
Clients who rely on MMR can now benefit from even more precise vehicle values that account for high-value options like heated seats, adaptive cruise control, and more.
ICRS 2024: Challenges for fleet electrification remain but technology will ease and lower the EV adoption hurdles in coming years.
Monthly YOY and year-to-date sales point to a commercial fleet sector moving more vehicles into remarketing channels during the last six-plus months.
While some weakening in the market over the Memorial Day weekend is seasonally normal, May saw more market softening in the latter half of the month.
More used commercial vehicles are being remarketed this year, especially from rental fleets, as fleets replace old vehicles with new ones.
The legendary automotive expert helped develop the remarketing industry's leading resource on valuing and pricing used vehicles for the retail market.
Wholesale flattens mid-month, while used retail vehicle sales rose slightly but are still down compared to last year.
CAR 2024: An all-star panel of economists and data analysts find that used/wholesale vehicle prices and values will remain above the previous “normal” levels last seen in the late 2010s.
With new-vehicle inventory rising in the U.S., downward price pressure and higher incentives appear to be key drivers of the market’s momentum.
The latest numbers more activity in the lanes at Manheim in the second half of the month and finished the last week of February with some of the strongest weekly gains in wholesale prices for many years.
As the wholesale market returns to a new normal following the pandemic, this seminar looks at an overview of the current market, including inventory and pricing, as well as emerging trends.
CAR 2024: The IARA brings together a panel to address one of the biggest challenges for consignors.
The 2016 Conference of Automotive Remarketing (CAR) took place March 16-17 at Caesars Palace, Las Vegas. Now in its 21st year, CAR delivered high-quality discussions and information on subjects ranging from automating the if-bid system to how to maximize auction earnings to a look forward to residual values for 2016-2017. In addition, attendees had plenty of opportunities to network and build their personal and professional connections. Photos by Chris Wolski and Steve Reed.
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