KAR Global Announces Retirement of Executive Chairman Jim Hallett
Jim Hallett's 25-year career with KAR Auction Services ends as he will still maintain his seat on the Board of Directors.
Jim Hallett's 25-year career with KAR Auction Services ends as he will still maintain his seat on the Board of Directors.
Overall sales are up in the quarter, including for fleets. However, headwinds are growing and inventory levels are moving back above the pre-pandemic normal, suggesting a slowing of demand.
In a confidence builder for EVs, fewer than 2% of batteries have been replaced outside of publicized recalls during the last 10 years.
CAR 2023: These 10 reasons sum up why the Conference of Automotive Remarketing provides solid business, career, and networking ROI.
CAR 2023: Amid so much change on so many industry fronts, remarketers need to discern the main drivers that are transforming daily operations
The subscription-to-ownership platform enables users to drive and acquire new electric vehicles as part of an extended test while fleet operations can assess electrification.
Client success leader and remarketing events host Joe Miller anticipates new rewards that go beyond business.
CAR 2023: The industry training group is attracting more participants as it expands its professional education.
Although prices are falling, they likely won't decline too much given the tighter inventory compared to 2021.
CAR 2023: Remarketers should prepare for more of the economic and market conditions that have been shifting widely year to year since 2019.
CAR 2023: There’s no better way to pick up useful new ideas than to hear from remarketing leaders on the front lines of diverse industry sectors.
CAR 2023: This big picture spanning OEMs, suppliers and vehicle markets will help inform business strategies that involve the macro-trends redefining the industry.
The month also ended at near 41 days’ vehicle supply, down from 48 days at the end of January and 13 days lower than February 2022 at 54 days' supply.
CAR 2023: The complementary workshops and tandem panel sessions during the Conference of Automotive Remarketing are designed for audience insights, brainstorms, and solutions.
Combined sales into large rental, commercial, and government fleets have seen eight consecutive months of double-digit, year-over-year increases.
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