The added land will be used to grow the company’s vehicle inventory, Copart stated.
The used wholesale market showed strength in September, as values overall held up in line with what’s expected in summer, but the market is also beginning to show signs of weakness.
Angela Williams will serve in the role at ADESA Houston and Brad Yeager will lead ADESA Ocala in Florida.
Average wholesale used prices continued to see steep declines last week, as used values registered the largest drop since spring, according to Black Book’s Oct. 8 Market Insights report.
George Daniel Largay died on Sept. 30 from pancreatic cancer. He was 75 years old.
There is a lot that sellers — and buyers — should know about the pre-owned alt-fuel market before selling or purchasing alternative-fuel trucks.
The National Auto Auction Association has named DAA Northwest Auto Auction as its 2019 Auto Auction of the Year for Excellence in Community Service.
Incentive spending is projected to reach $4,159 (up 6% or $246), the highest level ever for the third quarter and just $28 short of the all-time quarter high set in Q4 2017.
Used fleet vehicles that sold at wholesale fell 1.5% to $13,603 in August from July, but remained up 1.2% when compared to the same month a year ago, according to Tom Kontos, chief economist for KAR Auction Services.
Eddie Lafferty will serve as general manager at Manheim Seattle and Danny Brawn will serve in the same role at Manheim Nevada.
The sale ran more than 900 vehicles — about 80 of them were exotics and classics — and saw a nearly 70% conversion rate.
KBB stated that OEMs, dealers, website publishers, and auto industry product developers can reach out to the company in order to begin the process of incorporating its five-year TCO data onto their websites.