The days’ supply is down 16% compared to the start of the year, as sales of used-vehicles picked up in the month and inventory decreased.
Inventory levels reach the highest point since June 2020 while the number of buyers who can afford a new vehicle is the best since June 2021.
CAR 2024: The Conference of Automotive Remarketing starts off with a focus on the audience, as the International Automotive Remarketers Alliance hosts practical how-to sessions to share ideas and field suggestions.
Two industry groups have launched a program to cultivate Millennial and Gen Z leaders in vehicle consignment, auctions, and related businesses.
The recent partnership enables America's Auto Auction Group to use a more modern, unified system from the logistics technology company.
The venerable data analytics and consumer insights firm will detail the outlook for the automotive and remarketing sectors and what it means for consignors, auctions, dealers, and fleet operators.
A recent JD Power reliability study shows users find electric vehicles far more troublesome than gasoline and hybrid vehicles.