Bobit editors combine original reporting and outside sourcing to create comprehensive news reports.
Monthly and year-to-date vehicles sales at auctions reflect strong commercial sales growth this year.
2021 MY off-lease vehicles are flowing into the market but will ease for the rest of this year reflecting the slower sales and leasing pace of late 2021.
Fleet operators who run both types of vehicles are more satisfied with electric vehicles despite higher costs, a study shows.
OPENLANE, Cox Automotive, and a Tennessee auto auction all make management moves in the last month.
A cyber breach at a widely used dealer management system heavily affected the automotive industry, slowing sales and reporting in the second half of June.
The CDK outage at dealerships has disrupted sales reporting amid a monthly decline.
Q2 new electric vehicle sales are up 11% from EV sales in Q2 2023 due mostly to improved availability, higher discounts, and elevated levels of leasing.
The vehicle reconditioning executive worked in the automotive auction industry for more than 50 years and was the founder of CARS Recon, Inc.
The fleet maintenance provider joins the U.S. Army's PaYS program to offer former service members opportunities for future technician jobs.
CAR 2024: Attendees will be among the first to see the changes during the opening night welcome reception on March 26.
The company will start a national search to succeed Treasurer and VP of investor relations Mike Eliason.
The vice president of CRSimplified had founded IfThenAuto, acquired by Auction Edge in 2021.
Two industry groups have launched a program to cultivate Millennial and Gen Z leaders in vehicle consignment, auctions, and related businesses.
The recent partnership enables America's Auto Auction Group to use a more modern, unified system from the logistics technology company.
A recent JD Power reliability study shows users find electric vehicles far more troublesome than gasoline and hybrid vehicles.
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