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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NAAA member auctions hit 7.6 million sales in 2024 as volume growth offset lower prices for a $105 billion total sales value.
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Uncertainties in policy changes are creating challenges for automakers as they await further information.
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Dealer-, commercial-, and fleet-related wholesale used vehicles under three years all showed healthy double-digit yearly percentage gains.
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The state joins the ranks of Ohio, Florida, Virginia, and the nationwide clearinghouse state of West Virginia in providing faster titling and lien services.
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Manheim Market Report (MMR) values saw some volatility but ended with stronger price appreciation in the last week of the month, with values rising 0.2% in the last week alone.
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Get ready for another concert at the annual Greater Rockford Auto Auction anniversary sale, known as GRAA'lapalooza.
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The integratIon will bring Carvana’s inspection and reconditioning center functions to the ADESA Indianapolis auction site, while maintaining digital and in-lane auction operations.
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Electric vehicle sales of all ages hit the highest tally ever recorded for any month-to-date, while sales of used rental cars spiked the under two years segment.
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The national auction services provider buys Car-Tech Auto Auction as part of it expands its network for car buyers and sellers.
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Leaders with more than 130 years of combined Manheim experience are starting new positions in managing auction operations around the U.S.
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