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Wholesale prices had been moving downward for most of the year and decreased 4% in August from July, widening the divergence with retail prices.
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Wholesale used vehicle prices increased 5.84% month over month in July, bringing the Manheim Used Vehicle Value Index to 158 a 12.5% increase from a year ago and another record-high for the Index, which also occurred in June.
Read More →On a year-over-year basis, all major market segments saw seasonally adjusted price increases in April.
Read More →Low dealer consignment levels and a 30 percent drop in off-rental volumes have kept used vehicle prices afloat.
Read More →The telematics provider's new partnership will provide rental operators with detailed reporting of each vehicle's value, as well as a snapshot of the entire fleet's value.
Read More →Donlen has updated its corporate logo to closer align the fleet management company with its corporate parent, Hertz Global Holdings, by adopting a black-and-yellow color scheme.
Read More →On a year-over-year basis, all major market segments saw seasonally adjusted price increases in July.
Read More →As brokers transport more vehicles longer distances, new integration with BATS CRM will make it easier for clients to post and track loads.
Read More →The 16 auction operations take on the name of America's Auto Auction, which XLerate bought in January.
Read More →A simple camera system enables auction operations and dealers to market and sell vehicles at any point after a quick 360-round photo session.
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