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Wholesale used-vehicle prices declined in October 0.7% and non-seasonally adjusted prices declined 2%, showing a downward trend for all vehicle segments in recent months.
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The recall, set to get under way Nov. 7, covers more than 646,000 vehicles in the 2011 to 2014 model years.
Read More →Overall wholesale used-vehicle prices (on a mix-, mileage-, and seasonally-adjusted basis) improved 0.5% month-over-month in April. On a year-over-year basis in April, only pickups saw gains greater than the overall market.
Read More →The session lineup is complete for this year’s International Car Rental Show! Here’s what attendees can expect for the 2023 conference.
Read More →Eligible customers, including car rental companies, can defer curtailment payments through end of May on eligible unsold units.
Read More →Conditions have shifted to favoring buyers; but with tight supply, the market is close to a balance between buyers and sellers.
Read More →Almost all major market segments saw seasonally adjusted prices that were again lower year over year in the first half of October.
Read More →The agreement is closely aligned with KAR’s digital strategy, and will allow KAR to focus on its portfolio of digital marketplaces.
Read More →PurCo Fleet Services, a risk management company specializing in car rental loss prevention, is now offering its damage recovery and consulting services to the international market.
Read More →Chip shortages and surging demand are squeezing used vehicle sales while inflating prices.
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