News
IAASC Moves to Acquire Auction Academy, Expand Industry Leadership Development
IAASC is negotiating to acquire Auction Academy from TPC Management, with plans to expand leadership development and retain Penny Wanna as president.
Read More →IAASC is negotiating to acquire Auction Academy from TPC Management, with plans to expand leadership development and retain Penny Wanna as president.
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The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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Trends continue to normalize after a strong start to the year, as consumers contend with higher gas prices in the coming summer months.
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The Iranian conflict and rising gas prices inject much uncertainty into the future wholesale used vehicle markets, as higher gas prices soak up spendable income from vehicle buyers.
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The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
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Work trucks lose value at remarketing, not because they aren't worth more, but because the data to prove it rarely makes it to the auction.
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The enhanced technology allows rental car operations, dealerships, and auctions to compare a vehicle’s condition at pickup and drop-off within the same rental or loaner record.
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Winter snowstorms and frosty freeze-overs could not slow down the hot vehicle auction action nationwide in January.
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The $20 million in Series A funding from Lightspeed will enable Plug to boost supply, develop more technology, and widen wholesale and retail sales channels.
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The 2026 Fleet Remarketing Award Nominations will close on March 1. The awards recognize industry leadership, highlighted by a new award focused on fleet vehicle value creation.
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The year brought modest and flatter results across wholesale values, total off-rental supply, and rental risk units.
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