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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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Commercial sales were the primary reason for 2024’s increase in sales, with broad-based growth across rental, commercial, off-lease, and repo units.
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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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The leading auction and consignor professional trade organizations will work together in the areas of EV safety, consignor-auction transaction standards, and industry education.
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CAR 2023: The annual messages from the National Auto Auction Association and International Automotive Remarketers Alliance presidents homed in on the volume of industry activity and macro-influences on the market.
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NAAA Remarketing Outlook: High vehicle prices, low inventory, solid resale values, and an enigmatic economy are taking the normality out of used and new vehicle sales.
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A panel at the National Auto Auction Association convention delves into the emerging challenges facing adoption of electric vehicles.
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The annual National Auto Auction Association Convention returned last week after a three-year in-person hiatus where it recognized numerous achievements among industry members.
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CAR 2022: Leading career accomplishments define the winners of this year’s Ed Bobit Industry Icon Award, Remarketer of the Year, and Consignor of the Year.
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