News
Used EVs Strengthen Overall Electric Vehicle Market
The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
Read More →The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
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J.D. Power and the National Automobile Dealer Association (NADA) have announced an agreement under which J.D. Power will acquire NADA’s Used Car Guide business. The transaction is expected to close early in the third quarter of 2015.
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Carmel, Ind.-based KAR Auction Services, Inc. announced the promotion of Carolyn Bogan to vice president of KAR IT Shared Services (ITSS)
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Black Book has launched Black Book Digital en Espanol, one of the industry’s first mobile applications for Spanish-speaking dealers, remarketers, and other automotive professionals.
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Manheim has promoted Eddie Lafferty to general manager at Manheim Nevada. Lafferty assumed his new role on May 11.
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Average wholesale used vehicle prices increased in April in a trend attributed to a significant proportion of sales of higher priced, late-model, off-rental, manufacturer program vehicles that elevated average prices, according to ADESA.
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Patty Stanley, ServNet president, has announced that Greater Rockford Auto Auction is the newest member of the independent auction group.
Read More →The percentage of automotive loans that fell within the subprime and deep subprime risk categories have reaching its lowest share since 2012.
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ADESA, a business unit of KAR Auction Services announced that its subsidiary, AutoVIN, has successfully completed the acquisition of the vehicle inspection business from DataScan Field Services
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More than 1,200 pieces of equipment and vehicles from utilities and related companies will be sold off at JJ Kane auctions in Oregon, Pennsylvania, Texas and Florida in the month of June.
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An increasing number of car segments are displaying greater week-over-week depreciation, while trucks continue to show solid strength in the market, with seven truck segments either unchanged or positive change on the week.
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