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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Sales of used trucks in Class 3 and Class 4 provided a strong push in 2014 that made these classes the leaders in volume and growth among Class 3-7 vehicles, according to IHS Automotive.
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The International Automotive Remarketers Alliance (IARA) announced that it has signed a four-year agreement with the Independent Auction Group (IAG)
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Equipment and vehicles from utilities and related companies will be auctioned in Michigan, Massachusetts, Florida, and Illinois in the month of March. The auctions will be held Mar. 14, 21 and 28.
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ServNet announced that it has decided not to participate in the remarketing industry’s currently proposed Multiplatform Bidding System initiative (MPS).
Read More →Automotive Finance Corporation (AFC), a business unit of KAR Auction Services announced that Johnny Shroyer has been promoted to vice president of operations, west division.
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Rich Levene has been promoted from director to vice president of enterprise optimization for KAR Auction Services.
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ADESA will not participate in an automotive remarketing industry initiative to establish a platform that would allow simultaneous bidding on vehicles listed on multiple online auction sites.
Read More →MOTOR TREND Certified Vehicles, a Certified Pre-Owned program for a franchised dealer’s “other makes and model” vehicles, announced that Bob Wade Autoworld has become the exclusive MOTOR TREND Certified Dealer in Harrisonburg, Va.
Read More →Black Book has named Christopher Gluth as account manager, national accounts, to its Activator Division.
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Wholesale used-vehicle prices in January averaged $10,220 – up 3.6 percent compared to December and up 2.4 percent relative to January 2014.
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