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Overall Wholesale Value Softening Slows

Overall Wholesale Value Softening Slows

Volume-weighted, overall car and truck segments both experienced continued softening in values, but rate of decline slowed with the overall market decreasing by 0.52% this past week.

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Copart Opens New North Carolina Auction

Copart Opens New North Carolina Auction

The new Lumberton location consists of 89 acres. Eligible buyers can register and join auctions to bid on inventory through the Copart website or via the Copart Mobile App for iOS and Android devices.

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KAR Global Expands Customer Experience Platform

KAR Global Expands Customer Experience Platform

KAR Auction Services have revealed an all-new customer experience center of operational excellence that will simplify how customers interact and transact with the company while improving user digital experience.

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Ryder Creates New Used-Vehicle Site

Ryder Creates New Used-Vehicle Site

Ryder System recently launched a new fully responsive, mobile-friendly used vehicle sales website, which includes an expanded inventory of used vehicles and enhanced search tools.

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Wholesale Prices Show Seasonal Strength

Wholesale Prices Show Seasonal Strength

Wholesale used vehicle prices increased 0.9% in the first 15 days of October compared to the month of September, bringing the mid-month Manheim Used Vehicle Value Index to 162.7, a 16.0% increase from October 2019.