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Wholesale Optimism: Used Vehicle Prices Up 5.74% in May

Wholesale Optimism: Used Vehicle Prices Up 5.74% in May

According to Manheim, wholesale used vehicle prices increased 5.74% in the first 15 days of May compared to the month of April. New and used retail vehicle sales show substantial gains from March’s free fall.

May 20, 2020

Car Sales Return Quickly in Wuhan

Car Sales Return Quickly in Wuhan

In the city that was the epicenter for the coronavirus pandemic, auto sales are expected to rebound to year-over-year parity by the end of April, the Reuters report states.

April 11, 2020

KAR Global Transitions to Simulcast-Only Sales to Minimize Coronavirus Exposure
Manheim Implements Simulcast-Only Sales Amid COVID-19 Concerns
Cars Top Tax Refund Wish List, Enterprise Finds
4 Ways Rental Fleets Are Elevating Used Vehicle Residual Values
AAA: Marijuana Involved Fatal Crashes on the Rise in Washington
European Remarketer BCA to Install 3-Second Vehicle Inspection Stations
Are We Reaching a Used Car Segment Tipping Point?

Are We Reaching a Used Car Segment Tipping Point?

The used car market has adopted a Swiss Army-knife approach to managing the “off-lease tsunami,” which turned into a manageable rising tide. Are new market dynamics breathing life into a segment left for a dead, the midsize sedan?

November 18, 2019

Enterprise Honors Auction Achievement Members

Enterprise Honors Auction Achievement Members

The annual program recognizes Enterprise Holdings’ automotive auction partners for their exceptional services and support efforts to remarket the company’s late-model, low-mileage, well-maintained rental, and fleet vehicles to potential buyers.

November 10, 2019

Hurricane Dorian Will Bring More Flood-Damaged Cars to Used Market
Used Vehicles Cost $14K Less Than New Equivalents in Q2
Q&A: Manheim's Grace Huang Looks Ahead

Q&A: Manheim's Grace Huang Looks Ahead

Manheim's president who oversees the inventory solutions unit offers thoughts on fleet mobility services, bringing artificial intelligence to inspections, and the company's diversification strategy.

August 27, 2019

How Strong Fleet Sales Have Kept Incentive Spend Low
The State of Remarketing in 2019

The State of Remarketing in 2019

Overall used vehicle values are at strong levels. Crossover values are holding steady but there is cause for concern in the near future. Sedan values are expected to improve or stabilize as more crossovers enter the market.

August 26, 2019