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Auctions

ArticlesMay 30, 2024

How to Plan for Fleet Electrification Amid Challenges

Evaluating the workload, usage, and total cost of ownership of vehicles across a fleet helps managers understand where to incorporate EVs for the best results.

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Articlesby Martin RomjueMay 28, 2024

While Prices and Resale Values Tumble, EVs Still Moving Ahead

Experts at the 2024 Conference of Automotive Remarketing served up some blunt statistics about electric vehicle challenges, but underscored that EVs offer potential and aren't exiting the automotive scene.

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Newsby News/Media ReleaseMay 22, 2024

Expressway Auto Auction Retains TPC Management

The 57-year-old operation plans to build its network and broaden its reach to more new and used car dealers as well as regional and national commercial accounts.

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Newsby StaffMay 21, 2024

Total YTD Wholesale Auction Sales Up to Highest Point Since 2019

Fleet/lease sales are one factor spurring the volume, with 5-year-and-below vehicle sales up 32% so far this year.

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Newsby StaffMay 17, 2024

Wholesale Used-Vehicle Prices Increase in First Half of May

Wholesale flattens mid-month, while used retail vehicle sales rose slightly but are still down compared to last year.

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Newsby StaffMay 17, 2024

Longtime Auction Operator Joins Leading Management Firm

Veteran auto auction leader John Poteet will consult, advise, and teach at TPC Management and Auction Academy.

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David Sargent of JD Power speaks on stage at CAR Conference.
Articlesby Martin RomjueMay 15, 2024

Mixed Messages on Vehicle Values with Added Hope for EVs

CAR 2024: An expert executive from JD Power shares the global firm’s latest analytics and insights on the used and new vehicle markets and the current and future state of electric vehicles.

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A group of people in matching light blue shirts pose with a check made out to Bree's Gift for $60,000.
Newsby News/Media ReleaseMay 14, 2024

Missouri Auto Auction Raises Adoption Funds in Honor of 4-Year-Old Girl

The company recently auctioned off items for a charity celebrating the life of a former employee's daughter.

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Articlesby Martin RomjueMay 13, 2024

Supply, Lease-Returns, and Interest Rates Driving Near-Term Vehicle Market

CAR 2024: An all-star panel of economists and data analysts find that used/wholesale vehicle prices and values will remain above the previous “normal” levels last seen in the late 2010s.

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Buyers and sellers gather around a vehicle at a live in-lane auction.
Newsby News/Media ReleaseApril 29, 2024

NAAA Member Auctions Report 11% Volume Growth in 2023

An independent survey conducted for NAAA provides the most comprehensive picture available of the wholesale auto auction industry.

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