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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KAR Auction Services, Inc. is hosting the National Auto Auction Association (NAAA) Safety Day at the company’s ADESA Boston auction on July 25. Here, leaders from NAAA member auction across the country will learn, listen and exchange best practices on how the industry can better address safety risks, according to a company announcement.
Read More →Remarketing and technology solutions provider KAR Auction Services Inc. announced the launch of a new website for its instaVIN business unit, which provides vehicle history and title history information for dealers, commercial customers and consumers.
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Among late-model cars, the most commonly stolen one is the 2016 Toyota Camry, according to the report from the National Insurance Crime Bureau.
Read More →Black Book's June Used Vehicle Retention Index that measures wholesale values increased 0.7 to 113 from the May level. The index has declined 4.5% in the past 12 months.
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Increased demand at dealer lots during the Fourth of July weekend kept wholesale depreciation at stable levels compared the week before, according to Black Book’s Market Insights report for July 11.
Read More →Auction Management Solutions, Inc. (AMS) has partnered with Rea Brothers’ Mid-South Auction (RBMSA) for business development consulting, bringing the firm’s total list of clients to 17, according to a company announcement.
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The Manheim Used Vehicle Value Index hit a record high for the second consecutive month, as wholesale used-vehicle prices rose 1.1% month over month in June. The increase brought the Index to 129.3, a 2.5% increase from a year ago.
Read More →Using internet equipment auctions can help you overcome the problems of tight timelines, market value and changing brands, according to the company.
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Carvana has expanded its next-day delivery service to Louisville, Kentucky, marking the company’s first Kentucky Market, according to Carvana announcement.
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Manheim UK recently held an offsite sale for French automaker Citroën atop a structure surrounded by ocean on all sides.
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