News
Acertus Acquires Fisher Shipping, CEO to Join Acertus
Fisher Shipping will retain its brand and team, while its customers gain access to Acertus’ transportation, storage, vehicle care, and title and registration services.
Read More →Fisher Shipping will retain its brand and team, while its customers gain access to Acertus’ transportation, storage, vehicle care, and title and registration services.
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Combined sales into large rental, commercial, and government buyers were down 30% year over year in February.
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CAR 2022: The Conference of Automotive Remarketing panel will share perspectives on how independent auctions are handling challenges in a new industry environment.
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Production will increase with an easing of the chip shortage later this year and sales will rise. Prices will stay high but likely off their records.
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But average transaction prices still linger above MSRP as supply holds steady at the same level since Thanksgiving and customer demand remains strong.
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Combined sales into large rental, commercial, and government buyers were down 36% year over year in January.
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Analysis: The turning point in EV adoption will come as we move beyond early adopters and begin to see mainstream America choose EVs. The full-size pickup segment is where this might well happen.
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The first year of accumulated metrics from AutoIMS consignors and auctions points to a continued supply chain squeezing vehicle prices and mileage higher.
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Sales of pure battery-electric vehicles jumped 72% to a record 147,799, the best quarter ever for EVs.
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As was the case in each of the last prior months, much of the reported increase was a result of the seasonal adjustment.
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Available inventory is still down 62% behind the same period in 2020. The days' supply as of December remained 48% below Dec. 2020.
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