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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Subcompact luxury crossovers, compact luxury crossover/SUVs, and mid-size luxury crossover/SUVs posted the highest depreciation within the truck segment, according to Black Book's August 22 Market Insights report.
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Safety bollards and VIN scanners will be introduced to bidding lanes to reduce risk of injury and facilitate efficient bidding.
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The DealShield DS360 guarantee protects a dealer's wholesale vehicle purchase and gross profit for up to 21 days and 360 miles. If the customers decides the purchase isn't right for any reason, they can return the car and get 100% refund of the purchase price and buy-fee.
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Johnson’s addition to the board will add someone who has a deep understanding of the automotive landscape and how companies use data and technology in their operations, the company added.
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Copart has expanded its Arkansas locations in Conway and the other in Prairie Grove to allow the company to better utilize their locations, store more vehicles, and sell more vehicles, according to the company.
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Households have set a new nominal record for debt, according to Manheim Chief Economist Jonathan Smoke’s Industry Insights. This, the report added, is a sign that consumer confidence is high and that credit is readily available
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The IARA hosted its 2017 Summer Roundtable in Nashville, Tenn. on Aug. 15-18. During the conference, panels discussed issues that the remarketing industry is currently facing as well as those on the horizon.
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Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.
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Approvals for vehicle leases fell 14.5% to 54.3% in July from the prior month partly because an influx of students with lower credit scores applied for vehicle leases ahead of the college school year, reports Swaplease.com.
Read More →The National Auto Auction Association (NAAA) has named four finalists for its 2017 Auction of the Year Award for Excellence in Community Service, the association announced.
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