News
2026 CAR Awards Celebrate Industry Excellence
CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
Read More →CAR’s annual Fleet Remarketing Awards opened a reimagined 2026 conference designed to bridge the worlds of fleet management and automotive remarketing.
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Smaller cars, including sub-compact cars and compact cars, are two of the three vehicle segments displaying the greatest single-month drop in value, according to the recent Black Book Market Insights report.
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Class 8 auction volume has remained steady, and well behind the inflated numbers of the second half of 2015.
Read More →BMW Financial Services has made BMWGroupDirect.com accessible to independent and non-BMW franchise dealers. BMWGroupDirect allows any registered dealer online access to BMW Group’s national inventory of off-lease vehicles.
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Charleston Auto Auction, an XLerate Group Auction, raised $15,000 with its partnered dealers for the Stall High School H.O.M.E. project, making a donation for every vehicle bought and sold from May 6 to 27.
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Auction Academy, the professional training program developed by TPC Management Company, reports that the 2016 academic year has seen the introduction of a number of robust training sessions and the graduation of its third Class Group.
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Members of the KAR Auction Services group of companies will auction off an ivory white 2015 Chrysler 300 Limited for charity during the NIADA Convention and Expo.
Read More →Leake Auction Company will utilize IronPlanet’s live auction technology for the auctions upcoming Collector Car Auction.
Read More →Wholesale used vehicle prices increased in May, suggesting dealers have continued to achieve efficiency gains that allow them to bid-up auction prices even as gross margins narrow.
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Used vehicle values from the 2010 to 2014 model years fell 0.5% in May from April levels with cars showing a slightly higher depreciation rate than trucks, according to Black Book.
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TradeRev, a mobile vehicle appraisal and auctioning app for dealers, has hired Jason McClenahan as its regional sales director for the northeast region.
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