The acquisition would expand Copart beyond its traditional salvage business into dealer-to-dealer wholesale remarketing while adding ACV’s vehicle data, inspection, and valuation technology.
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The acquisition provides the major independent auto auction operation with access to Minnesota’s Twin Cities wholesale vehicle market.
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Montway Auto Transport has announced the addition of Angels Moving Autos, a luxury automotive transport brokerage, strengthening its luxury shipping services.
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Moving electric vehicles through consignor and auction channels requires a better understanding of their unique attributes and potential.
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Auctions in April saw spikes in sales of 1–2-year-old vehicles, off-rental vehicles, and consumer trade-ins.
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The national vehicle auction chain has installed EV charging stations at several locations and enhanced reconditioning facilities.
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Carriers that can adapt with new strategies and invest in emerging technology will be able to position themselves for success.
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Consumer confidence plunges worse than expected across leading indexes after tariffs and added import duties seep into automotive markets.
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America’s Auto Auction accelerates growth, adding North Bay to its fast-expanding map of market-shaping auction powerhouses.
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Nationwide’s survey shows 53% of drivers regularly take work-related calls while driving, whereas 1 in 4 respond to work texts or emails on the road, prompting hands-free safety policies and training.
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With over 70 models available, competition in the EV market is fierce. The new EV price premium over ICE+ vehicles increased to $12,229, the highest in two years.
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