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The most and least recalled vehicles have been identified, which include the 2016 GMC Sierra SLT...

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Most Recalled Used Cars Identified

The Mercedes-Benz C-Class topped a list of the most recalled cars in recent model years, while the Hyundai Accent was the least-recalled vehicle during the same period, according to a report on ISeeCars.com.

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Wholesale Prices Down in May, Auction Volume Growing

Wholesale prices declined in May, while auction volume continues to grow.

Wholesale prices for used vehicles up to 8 years old fell 1.7% month-over-month in May, a level that’s typical for this time of year, according to J.D. Power’s June Used Car and Light Truck Guidelines. Auction volume up 12% month-over-month, 2.6% year-over-year.

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KAR Revamps Openlane Upstream Digital Platform

KAR Auction Services has rebooted its Openlane upstream digital remarketing platform with data science, A.I., machine learning, and cloud-based technology so it streamlines the experience for buyers and sellers, the company announced.

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Compact Vans, Crossovers Fare Best at May Auctions

Used compact vans such as the 2016 Transit Connect performed best at auction in May.

Used compact vans and several categories of crossovers increased in value in wholesale sales, while luxury vehicles made up seven of the 10 lowest performing categories among 2013-2017 vehicles in May, according to Black Book.

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Fed Reserve Approves Second Rate Hike of 2018

Chairman Jerome Powell discusses the decision to raise the Federal Funds Rate by a quarter point...

With the labor market continuing to strengthen and economic activity rising at a solid rate, the Federal Reserve raised the Federal Funds Rate a quarter percentage point for the second time this year — putting the target for short-term rates in the 1.75 to 2% range.