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Manheim is facilitating dealer-to-dealer sales through Express Direct, a new offering that is accessed through the Manheim Express app.
Motley’s Richmond Auto Auction has received the 2019 Auction of the Year award from C&F Finance Company.
Overall wholesale values last week were strong, indicating a possible early start to the spring sales season.
Overall car segment values decreased 0.21% last week, compared to 0.13% the week before. Overall truck segment values decreased 0.18%, compared to 0.28% the week before.
The IARA Spring Roundtable — and the coinciding IARA committee meetings — will kick off the 2020 CAR on March 23, 2020.
Carvana has launched next-day vehicle delivery to Hanford, Calif. residents.
Retail sales have been trending downward in recent years and that trend is expected to continue as the industry’s supply of gently-used off-lease vehicles continues to grow.
Overall car segment values declined 0.13% last week, compared to 0% the week before. Overall truck segment values decreased 0.28% last week, compared to 0.17% the week before.
Tom Rastelli will take the helm at Manheim Albany while John Duplanty will take over leadership of Manheim Portland.
A 17.1 million total would match 2019’s total and mark the sixth year in a row that new-vehicle sales would top 17 million.