Hits & Misses on 10 Remarketing Predictions for 2022
See how Cox Automotive scored when their earlier outlook met the economic and market realities so far this year.
See how Cox Automotive scored when their earlier outlook met the economic and market realities so far this year.
The battery is the lifeline of an electric vehicle. Understanding battery state of health and managing driving and charging behavior will go a long way to maintaining uptime on your electric fleet vehicles.
But don't get too excited. Days supply is still far below historical levels and production has yet to catch up to demand.
Year to date, the total used market is on pace to finish the year down more than 12% recorded in 2021.
A panel at the National Auto Auction Association convention delves into the emerging challenges facing adoption of electric vehicles.
IARA Summer Roundtable: In a free-wheeling interview, entrepreneur and used car industry disruptor Ernie Garcia delivers insights on his mega-merger deal and a customer-friendly e-commerce model.
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.
The average price paid for a new vehicle in America now tops $48,000. Supply of popular segments – like subcompacts, hybrids and EVs – remain low.
DAAG expands its footprint to nine locations throughout the Southeast.
Combined sales into large rental, commercial, and government fleets were up 14.6% year over year in August.
Sales into commercial fleets were up 37% and sales into government fleets were up 28% last month compared to August 2021.
Cox estimates that used retail sales increased 11% in August from July and that used retail sales were down 9% year over year.
The companies are collaborating on an electric vehicle-specific valuation influenced by the condition of the battery, the most expensive part of an EV.
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