Mixed Messages on Vehicle Values with Added Hope for EVs
CAR 2024: An expert executive from JD Power shares the global firm’s latest analytics and insights on the used and new vehicle markets and the current and future state of electric vehicles.
CAR 2024: An expert executive from JD Power shares the global firm’s latest analytics and insights on the used and new vehicle markets and the current and future state of electric vehicles.
The company recently auctioned off items for a charity celebrating the life of a former employee's daughter.
CAR 2024: An all-star panel of economists and data analysts find that used/wholesale vehicle prices and values will remain above the previous “normal” levels last seen in the late 2010s.
An independent survey conducted for NAAA provides the most comprehensive picture available of the wholesale auto auction industry.
The Conference of Automotive Remarketing drew a professional crowd that networked for business and cultivated industry friendships.
CAR 2024: The latest analysis from the National Auto Auction Association shows a stabilizing auction sector moving faster but still a long way from pre-pandemic years.
The arrangement will help the five-lane auction develop business and expand further into the national vehicle consignor market.
The 2024 Remarketer of the Year and Consignor of the Year bring resumes full of enterprise and experience.
Fleet/lease sales were responsible for the increase in auction volume in the first quarter as dealer sales fell 5.4% YOY and fleet/lease sales rose nearly 29%.
The charity events included more than 2,000 classic, specialty, and exotic vehicles that raised $86,000 to provide recreational opportunities.
The average daily sales conversion rate increased to 62.5%, showing that demand improved relative to February.
The veteran leaders bring a combined 60 years of experience at Manheim and worked their way up through formative roles in auction operations.
By providing time-stamped photos for vehicle inspections, the vehicle inspection app helps rental car companies establish a complete inspection history for a vehicle.
The devices will capture electric vehicle battery health information and transmit that information to Manheim CRs and vehicle detail pages, where battery health information will be displayed on Manheim.com listings.
CAR24: A March 28 session brings together big names in vehicle consignment to lay out their expectations for transporting vehicles headed to auctions.
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