Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.
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Staff
Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.
The auction group held an annual back-to-school campaign via dunk tanks, ice bucket challenges, etc., along with donations from clients.
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The leading auction and consignor professional trade organizations will work together in the areas of EV safety, consignor-auction transaction standards, and industry education.
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Company co-chair Dave Blake will succeed Weaver, whose remarketing industry spans more than 40 years with multiple executive roles.
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Sales in Q3 are expected to surpass 3.9 million, a jump of more than 15% from the same timeframe one year ago.
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Plug is an online used EV wholesale marketplace to facilitate the buying and selling of used EVs among dealers.
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During the last two weeks, Manheim Market Report (MMR) prices declined an aggregate of 0.3%, which was less than half of the normal decline for this time of year.
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The new arrangement meets a need in Florida for an auction that can service the commercial account business.
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After a 41-year career at Cox Automotive, current CFO Mark Bowser will retire this year and Senior Vice President of corporate development Scott LeTourneau will take his place on September 19.
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With sales slightly stronger than expected, tight supply, and prices at about 6% below last year, these factors are expected to prevent any substantial decline in wholesale prices through year-end.
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The number of used vehicles for sale had been increasing after hitting a low point in March but that increase in inventory stalled in mid-July and into August, as sales unexpectedly picked up.
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