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Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.

Computer with screen showing a used truck auction bidding website.
News•by News/Media Release•August 20, 2024

Penske Used Trucks Launches New Auction Website

The site includes free third-party condition reports and a variety of bidding tools.

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News•by News/Media Release•August 19, 2024

Wholesale Used-Vehicle Prices Up So Far in August

The industry overall is seeing a strengthening trend in wholesale used vehicle market values.

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News•by News/Media Release•August 16, 2024

Sales Rise Lowers Used Vehicle Inventory

Retail used-vehicle prices have been consistently lower through the first seven months of 2024 compared to year-ago levels.

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News•by News/Media Release•August 7, 2024

Wholesale Used Vehicle Prices Rise in July, But Still Down YOY

The market is starting to see lower lease maturities for the key 3-year-old segment, and those effects will be felt over the rest of this year and into 2025 and 2026.

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News•by News/Media Release•August 7, 2024

OPENLANE Offers Faster Vehicle Wholesaling Tech Tool

New automated absolute sale enables dealers to capture peak buyer demand in real time.

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News•by News/Media Release•July 26, 2024

Cox Automotive Adds Vehicle Options Adjustments to MMR

Clients who rely on MMR can now benefit from even more precise vehicle values that account for high-value options like heated seats, adaptive cruise control, and more.

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News•by News/Media Release•July 19, 2024

Ship.Cars Offers New Tracking Feature for Transported Vehicles

Partners and clients can get the latest updates on shipments from dispatch to delivery, saving time and sparing disruptions.

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News•by News/Media Release•July 18, 2024

Cox Opens Its Fifth Technician Training Center at Manheim Chicago

As digital retailing and electric vehicles evolve, demand increases for reconditioning centers with qualified technicians.

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News•by News/Media Release•July 18, 2024

Wholesale Used Vehicle Prices Stay Down YOY

A mid-month measure shows a slight increase in prices in June but continued lower price levels compared to 2023.

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News•by News/Media Release•July 17, 2024

Idaho Auction Plans Charity Concert and Event

An iconic country band will perform next month during the annual fundraiser at Dealers Auto Auction of Idaho.

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