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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Wholesale used vehicle prices remained unchanged between August and September, remaining at 126.9 for September, which is a 1.7% increase from a year ago.
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Mark Hopkins, long time employee and national accounts manager for the Dealers Auto Auction Group, a division of City Enterprises, LLC., passed away unexpectedly on Oct. 1, 2016. He was 65.
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Used vehicles from the 2011 to 2015 model years depreciated 2.3% in September, a slight decrease over August's 2.4% depreciation rate, reports Black Book.
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Manheim is expanding its AutoGrade condition score licensing program to now be available for non-NAAA auctions and wholesale marketplaces as well as other support entities.
Read More →Cars showed better retention in the last week of September than in the previous four weeks, while trucks depreciated more than they have during that same timeframe.
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ADESA announced changes to the management teams at three of its Florida auction locations, including ADESA Orlando, ADESA Sarasota, ADESA Tampa
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Twelve Northeast Manheim locations are participating in a four-week, Oktoberfest-themed celebration, which is offering pre-sale and post-sale giveaways, prizes and unique buying/selling opportunities.
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KAR Auction Services announced today that it has promoted Gary Fields to vice president of KAR IT Shared Services (ITSS).
Read More →The car segment retained its wholesale value well last week, as the wholesale value of 2008-2014 model-year cars decreased by 0.68% last week.
Read More →Manheim has nearly tripled the number of auctions offering Enhanced Vehicle Imaging (EVI), expanding from 25 to 74 locations throughout North America, the company announced this week.
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