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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A rising supply of used pickups coupled with aggressive pricing for new models is expected to cause a weakening in values in the wholesale market, according to new data from Black Book.
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Ford's decision to idle production of its F-150 pickup this week has followed several months of slowing demand in retail and fleet channels and may point to a larger trend in pickup sales.
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Whether a seasonal trend or a sign of things to come, Black Book recorded the largest year-to-date weekly decline in car values last week. Trucks also recorded a sizable drop in values.
Read More →AiM and Manheim have completed the North American rollout of AiM software to 79 Manheim locations in the United States, Canada and Puerto Rico, according to a company announcement.
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Manheim's investment plan focuses to improve three of its Chicago-area locations: Manheim Chicago, Manheim Arena Illinois, and Manheim Milwaukee.
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Wholesale used-vehicle prices average $10,734 in September, which was flat with August but up 5.1% from a year ago, according to ADES Analytical Services.
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ADESA has appointed Michael Schenks, Ron Schritenthal, Dan Watt, and Rod Thompson.
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Cox Automotive has appointed Joe George as senior vice president of Manheim Vehicle Solutions. He will be responsible for strategy to execution, driving the wholesale and retail solutions long-term plan related to reconditioning, imaging purchase protection and inspections.
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Full-size pickup truck retention rates for model-year vehicles older than two years showed a slight decrease this year after steadily increasing for the last five years.
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The IARA has announced the founding of the Social Media Committee, which was created to streamline the IARA’s social media presence as a means to promote developments within the organization.
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