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Strong spring sales thanks to tax refunds and stimulus checks depleted the supply.
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The last several months have closely followed 2019 levels, the last normal year, which means dealers are balancing their inventory to the sales rate and keeping days’ supply steady even as total supply improves.
Read More →The Manheim Market Report values saw above-average declines that were relatively consistent, with values declining almost 4% in the last four weeks.
Read More →The pilot program underway at two sites to expand capabilities will provide more vehicle data to clients.
Read More →The used car retailer that bought the ADESA auction group this year blames high used car prices and rising interest rates for sinking consumer demand.
Read More →Combined sales into large rental, commercial, and government buyers were down 30% year over year in February. Sales into rental were down 52% YOY.
Read More →Several North Carolina used vehicle auctions closed as a result of Hurricane Florence sweeping into the state, while others shifted to online sales or delayed on-site sales.
Read More →Billed as the first of its kind, enterprise IoT innovation delivered by CoreKinect and Comcast’s MachineQ will help customers and employees locate vehicles faster at ADESA’s 70+ locations.
Read More →John Brasher has worked for some well-known names in the industry.
Read More →The pilot program goes national to give clients more detailed vehicle information to make smarter buying decisions.
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