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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Meanwhile, off-rental units spike commercial vehicle sales by 40% year-over-year.
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The new approaches include enhanced password requirements, mandatory two-factor authentication (2FA), and proprietary fraud detection tools.
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The online auction platform surpasses $15 million in used EV volume sold as the market faces an influx of off-lease vehicles.
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The tariff announcements have spurred activity that suggests the wholesale market will see a sizeable increase in the Manheim Index in April.
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CAR 2025: The professional education and development program for the vehicle auction industry marks another milestone with the recent graduation of Class 8.
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More than $105,000 was raised to provide recreational opportunities for young people with disabilities.
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Industry data and economic experts emphasize the need to focus on the facts and long-term trend lines as media coverage and political messaging may not always interpret the information accurately.
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CAR 2025: A stirring combination of lower off-lease supply, constrained inventory, rental-fleet right-sizing, muted wholesale prices, and record EV sales are all contributing to an overall market still trying to catch up to pre-pandemic levels.
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CAR 2025: The varied recognitions celebrate achievements and service across the industry.
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Gallery: Scenic San Diego attracts a variety of vehicle consignors, auctions, remarketers, and vendors to connect at the 30-year annual business gathering.
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