
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.
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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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Insurance Auto Auctions, Inc. (IAA) has added new facilities in six states, including two states — Minnesota and Utah — where the company had no previous operations.
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Carvana will begin taking online orders from customers in Chattanooga and Knoxville, Tennessee, to browse, finance, purchase, and even trade in old vehicles online and have their vehicle delivered the next day.
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ADESA has added Angela Williams as executive sales director and Kirk Archer as sales director, the KAR Auction Services unit announced.
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Compact vans and small pickups declined the most among truck segments by 1.74% and 1.46%.
Read More →Manheim is gearing up to celebrate the National Auto Auction Association-sponsored Auction Week, according to a company announcement.
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J.D. Power will begin offering its monthly Used Vehicle Price Index that tracks current and estimated future movement of wholesale used vehicle prices at the industry and segment level, the consultant and data provider announced.
Read More →KAR Auction Services, Inc. has created the KAR Remarketing Services operating segment to align its AutoVIN, Dent Demon, High Tech Locksmiths, and PAR North America businesses, the company has announced.
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Insurance Auto Auctions, Inc. (IAA) has secured 22 locations across 10 states in preparation of the storm season to better manage salvage inventory from potentially catastrophic events, according to a company announcement.
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For the second quarter 2017, Hertz Global Holdings Inc. has reported its total revenues as $2.2 billion, a 2% decline versus second quarter 2016. Hertz reported a net loss of $158 million, including $54 million of impairment charges.
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Overall car and truck segments reported better week-over-week retention, according to Black Book’s Aug. 7 Market Insights report.
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