Online remarketing has been a growing trend for the past few years and it promises to continue. As more remarketers are selling and buying wholesale vehicles online, some new trends have emerged.
Overall car segment values decreased 0.11% last week, compared to a 0.04% gain the week before. Overall truck segment values decreased 0.03% last week, compared to 0.19% the week before.
Motley’s Richmond Auto Auction has received the 2019 Auction of the Year award from C&F Finance Company.
Overall wholesale values last week were strong, indicating a possible early start to the spring sales season.
These personalized vehicle suggestions are driven by M LOGIC, a suite of advanced decisioning products from Manheim that bring the power of Cox Automotive data to the remarketing industry.
Overall car segment values decreased 0.21% last week, compared to 0.13% the week before. Overall truck segment values decreased 0.18%, compared to 0.28% the week before.
The IARA Spring Roundtable — and the coinciding IARA committee meetings — will kick off the 2020 CAR on March 23, 2020.
Carvana has launched next-day vehicle delivery to Hanford, Calif. residents.
Overall car segment values declined 0.13% last week, compared to 0% the week before. Overall truck segment values decreased 0.28% last week, compared to 0.17% the week before.
Tom Rastelli will take the helm at Manheim Albany while John Duplanty will take over leadership of Manheim Portland.
A 17.1 million total would match 2019’s total and mark the sixth year in a row that new-vehicle sales would top 17 million.
KAR Global has promoted Lisa Price, who served as the company’s executive vice president of human resources to chief people officer.