Manheim is providing discounts and waiving fees for its online services to support customers and clients whose businesses are impacted by closures as a result of the COVID-19 pandemic.
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Overall car segment values decreased 0.65% last week. Meanwhile, overall truck segment values decreased 0.73%% last week
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Auto auctions are eligible for assistance from the federal government under the Coronavirus Aid, Relief, and Economic Security (CARES) Act which opened on Friday, April 3.
Read More →Given how the COVID-19 pandemic has evolved, the company has extended its Simulcast-only sales past its original April 3 end date.
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Overall car segment values increased 0.32% last week and overall truck segment values increased 0.20% last week.
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Automotive Finance Corporation (AFC) has launched a customer relief program that will allow eligible customers to defer curtailment payments due through May 31, 2020 on eligible unsold units.
Read More →The NAAA executive committee has voted unanimously to defer association dues until 2021.
Read More →Xcira, a digital auction technology provider, has issued a set of commitments to its partners during the COVID-19 pandemic to ensure that auction and asset owners are best equipped to use their technology.
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KAR Global is halting physical sale operations across North America at all ADESA locations, and includes Simulcast-only sales for at least the next two weeks.
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The shutdowns come to fight the spread of COVID-19/coronavirus after workers at multiple plants tested positive.
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