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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IAA Portland West marks the company's third facility in the state of Oregon, alongside branches in Portland and Eugene.
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As the small crossover segment continued to thrive, sub-compact and compact car values continued their steady decline last week, according to Black Book’s June 5 Market Insights report.
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Wholesale values for used vehicles reach a record-high of 127.9, while new vehicle sales dropped 2% compared to last year.
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“It is expected that we will see more declines in the Index in the months ahead as we move deeper into the year, particularly driven by softness among car segments,” said Anil Goyal, senior vice president of Automotive Valuation and Analytics for Black Book.
Read More →Auto lease activity remained essentially flat, compared to the previous several quarters, according to Swapalease.com, an online marketplace that allows consumers to transfer their lease contracts with other interested individuals.
Read More →ADESA has expanded the company’s dealer sales and services reach into additional regions throughout the U.S., to further enhance the online and in-lane customer experience, according to a company announcement.
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Manheim Orlando will save $133,000 per year by using indoor and outdoor LED lighting at its 268-acre auction facility, Manheim has announced.
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ADESA has named three new general managers at its Arizona, Tennessee, and Florida auctions, according to a company announcement.
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The XLerate Group's Tom Francois will succeed Tim Netz — who is retiring after 18 years of service — as general manager of Badger State Auto Auction in Fond du Lac, Wis.
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The rate of depreciation among car segments continued to accelerate last week, particularly among mid-size, full-size, and subcompact cars, according to Black Book’s May 29 Market Insights report.
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