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Commercial vehicle sales stood out in August due in part to more rental fleet vehicles coming through auto auctions.
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Electric vehicle sales of all ages hit the highest tally ever recorded for any month-to-date, while sales of used rental cars spiked the under two years segment.
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Monthly and year-to-date vehicles sales at auctions reflect strong commercial sales growth this year.
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Monthly YOY and year-to-date sales point to a commercial fleet sector moving more vehicles into remarketing channels during the last six-plus months.
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Insights from the "cereal box" workshop at the 2022 Conference of Automotive Remarketing show how consignors and auctions can be creative in accurately pricing wholesale vehicles.
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The company's second quarterly report in a row highlights key aggregate metrics for the auction industry.
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There was a significant drop in sold volume (both month-over-month, and year-over-year) in wholesale channels from September to November of 2020.
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