MENU
SEARCHMENUSEARCH
Manufacturers registered a 0.7% month-over-month price increase and a 2.7% year-over-year rise, indicating still-strong demand for off-rental program units. Fleet/lease consignors experienced a 2.1% sequential price decrease and a 1.9% annual increase, in part from strong dealer demand for rental risk and commercial fleet units.
Read More →
Used-vehicle prices are achieving highs that will start to drive used-vehicle buyers to new cars, says Tom Kontos in Adesa's April Current Used Vehicle Market Conditions and Outlook.
Read More →
Rental car operators are increasing their fleet vehicles’ months in service. But do you really have to drive up hold times to survive?
Read More →
ADESA, KAR's whole car auction services business, had a 30 percent increase in sales in 2009 compared to the year-ago period. Additionally, the holding company’s salvage auction services business, Insurance Auto Auctions (IAA), experienced a 9 percent growth in online sales volumes in 2009 compared to the year-ago period.
Read More →Wholesale used-vehicle prices in February averaged $10,138, a 3 percent increase from November 2009 and an 8.3 percent increase from the prior year. This is the first time since July 2009 that average prices have topped $10,000.
Read More →"Dealers as well as remarketers can view the strength of new- and used-vehicle sales in December as a good precursor to retail demand during the tax season," said Adesa's Tom Kontos in his latest Kommentary.
Read More →November's average wholesale price of $9,519 marked a 9.3-percent year-over-year gain.
Read More →Low dealer consignment levels and a 30 percent drop in off-rental volumes have kept used vehicle prices afloat.
Read More →
Jim Hallett of ADESA shared his insights on the future of the remarketing industry, in particular, the impact of technology.
Read More →
Wholesale auction prices have begun to stabilize, though the recent financial crisis could throw a monkey wrench into gains.
Read More →