News
2026 CAR Awards Celebrate Industry Excellence
CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
Read More →CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
Read More →
Manheim has launched a new digital dealer sales channel on its OVE platform that will allow dealers to host digital event sales using inventory on their lots without having to move the vehicles to an auction location, the Cox Automotive company announced.
Read More →
Remarketing software provider Liquid Motors will begin integrating vehicle condition reports and inspections into its products under a new partnership with WeGoLook, the company announced.
Read More →
Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.
Read More →
Both cars and trucks saw a noticeable rise in depreciation last week, according to Black Book’s Nov. 6 Market Insights report.
Read More →
Manheim has appointed general managers for its Atlanta and Fort Myers auctions that will focus on strategic growth and enhancing the client experience, the Cox Automotive company announced.
Read More →
The firm attributed the strong vehicle retention in October to increased replacement activity stemming from Hurricanes Harvey and Irma. However, the increased replacement activity seen in October is expected to be the last boost to come from the hurricanes.
Read More →
The Appraisal Lane, a mobile app that connects auto dealers with a community of appraisers and buyers, recently reached 100,000 live vehicle trades through its app, according to a company announcement.
Read More →
Transaction prices continue to rise at a slower pace, with October’s estimated average transaction price expected to rise by $101 from a year ago to $35,263, Kelley Blue Book (KBB) reported on Tuesday. Compared to September, the firm expects the average to increase by $128, or 0.4%.
Read More →
Average wholesale values saw little change last week compared to the week before it, with depreciation falling in both the car and truck segment, according to Black Book’s Oct. 30 Market Insights report.
Read More →
CarMax has named Ed Hill its new chief operating officer, following the retirement of Cliff Wood, the nation's largest used-vehicle retailer has announced.
Read More →