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Staff and News Reports

Editorial Staff

Bobit editors combine original reporting and outside sourcing to create comprehensive news reports. 

A monthly chart that shows auction sales volume.
News•by Staff and News Reports•August 9, 2024

July Auction Sales Up About 25% Compared to July 2023

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.

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News•by Staff and News Reports•July 24, 2024

Fleet Owners Lean More Toward EVs Than ICE Vehicles

Fleet operators who run both types of vehicles are more satisfied with electric vehicles despite higher costs, a study shows.

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News•by Staff and News Reports•July 23, 2024

Vehicle Remarketing New Job Roles Roundup

OPENLANE, Cox Automotive, and a Tennessee auto auction all make management moves in the last month.

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News•by Staff and News Reports•July 18, 2024

CDK Outage Skyrocketed Vehicle Days’ Supply

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.

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News•by Staff and News Reports•July 15, 2024

Used Retail Vehicle Sales Dip in June

The CDK outage at dealerships has disrupted sales reporting amid a monthly decline.

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News•by Staff and News Reports•July 10, 2024

EV Prices Moving Up from March Bottom While Q2 EV Sales Hit Record

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.

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News•by Staff and News Reports•July 1, 2024

In Memoriam: Ron Hope, 1944-2024

The vehicle reconditioning executive worked in the automotive auction industry for more than 50 years and was the founder of CARS Recon, Inc.

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News•by Staff and News Reports•March 15, 2024

Cox Fleet Services Widens Career Path for Army Vets

The fleet maintenance provider joins the U.S. Army's PaYS program to offer former service members opportunities for future technician jobs.

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News•by Staff and News Reports•March 11, 2024

IARA Readies to Update and Celebrate Its Brand

CAR 2024: Attendees will be among the first to see the changes during the opening night welcome reception on March 26.

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News•by Staff and News Reports•February 29, 2024

OPENLANE Financial Exec Plans to Retire as Successor Sought

The company will start a national search to succeed Treasurer and VP of investor relations Mike Eliason.

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