The Summer Roundtable was highlighted by discussions from key figures in the remarketing industry on how they’ve thrived in the current climate and their efforts for the future.
The industry quickly turned to online services when the pandemic hit, utilizing digital-only sales, which ultimately kept the industry from halting completely.
The company’s continuous investment in technology has heavily driven success in the company’s business as of late.
More SUVs, the retention of higher mileage vehicles, and new methods of remarketing are some trends fleets are observing in the wholesale market.
Disruption in the automotive industry will affect many businesses with close ties to it, including those in wholesale remarketing, health care, and accident litigation.
The International Automotive Remarketers Alliance (IARA) loaded its recent 2018 Spring Roundtable with sessions pertinent to consignors in today's remarketing industry. Held March 5-6 at Caesars Palace in Las Vegas, sessions covered disruptions in the automotive industry, vehicle residual trends, ways of maximizing reconditioning ROI, and more.
The 2018 Conference of Automotive Remarketing (CAR) detailed the biggest topics concerning wholesale remarketing, and also elaborated on technological developments that may impact the industry as a whole.
The 2017 Conference of Automotive Remarketing (CAR) was host to myriad panels, discussions, and keynotes that discussed the latest trends in the wholesale remarketing industry.
As the Northeast region deals with what the Weather Channel has called Winter Storm Decima, certain trends at auctions across the nation remain consistent with locations in the region, such as the popularity of trucks and a decline in activity at auction as the result of the holidays.
A higher portion of pricier off-lease units that made their way onto the market in September, along with higher truck prices, which resulted in a flat wholesale market for the month in the Southwest region.