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FastLane will be the anchor asset for EBlock to expand its reach by enabling digital dealer-to-dealer buying and selling, positioning EBlock for further reach in the U.S. Midwest.
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February provided "further concrete evidence of softening" of used vehicle prices during a month that usually shows improvement from January, ADESA's Tom Kontos wrote in his monthly Kontos Kommentary.
Read More →The Cox Automotive Insights team looks at key industry trends ahead that overall point to a healthy year.
Read More →Digital transactions have grown tremendously at XLerate over the last five years, and digital is a key component of its omnichannel, go-to-market strategy.
Read More →A panel at the National Auto Auction Association convention delves into the emerging challenges facing adoption of electric vehicles.
Read More →The Auto Rental News research comes around only once every two years, creating a collective voice of the industry that makes lasting impressions.
Read More →The ride-hailing group consists of a fleet of luxury SUVs, and has an all-electric fleet in development.
Read More →The sales conversion rate also increased last month and ended at a level higher than typical for August, indicating buyers have become more aggressive than they were in June and July.
Read More →Meanwhile, used supply normalizes, rental risk pricing declines, and auto loan performance deteriorates.
Read More →KAR expects to be immediately profitable across its North American dealer-to-dealer platforms while enhancing its position in the highly fragmented wholesale used vehicle market.
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