Volume-weighted, overall car and truck segments both experienced continued softening in values to round out the last full week of 2020, but are higher than seasonal averages of the previous three years.
Alba held a number of roles during his career with Ally, a company he was with since 2007. Before joining Ally, he worked at Daimler Financial Services.
Wholesale used vehicle prices increased 0.4% in the first 15 days of December compared to the month of November, bringing the mid-month Manheim Used Vehicle Value Index to 162.6, a 15.3% increase from December 2019.
In 2020 Ritchie Bros. has seen website traffic increase by 35% to more than 27 million visits, while bidder registrations are up 71% to over 817,000 registrations.
Alliance Auto Auctions has named its general manager of the Alliance Waco location in McLennan County, Texas.
Richmond Auto Auction is a part of the AMS Auction Network and operates on 35 acres of land.
The Copart Macon location in Georgia hosts weekly car auctions on Thursdays at 10 a.m. Eastern Time.