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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The 2017 Conference of Automotive Remarketing (CAR) is preparing itself for the largest gathering of consignors that the conference has ever seen.
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The estimated average transaction price for light vehicles reached an all-time record high of $35,309 in December.
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Auction Academy finished the 2016 academic year with the graduation of its fourth class group in November and the completion of its final Seminar Series session.
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Depreciation trends stabilized to close out 2016, with depreciation rates for all cars and trucks falling into seasonal patterns.
Read More →For the past few years, a few of Copart’s 180 locations have independently donated to Toys for Tots, a U.S. Marine Corps Reserve program that collects and distributes toys to less fortunate children.
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Manheim Cincinnati is adding four lanes and has created a new sales schedule to improve dealer efficiency.
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Cars and truck segments both had the smallest weekly rate of depreciation since summer, with truck values decreasing by 0.3% and cars depreciating by 0.42%, which was consistents with the prior week’s depreciation rate.
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Russo and Steele will be offering the first functional Ford GT prototype at its January auction in Scottsdale, Ariz.
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David Alfonso, a remarketing manager at Kia Motors America, has announced he will retire from the company on Jan. 3.
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While trucks had greater overall depreciation this week compared to cars, luxury vehicle segments showed weekly increase in depreciation in both categories.
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