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.
Read More →
Overall car segment values increased 0.32% last week and overall truck segment values increased 0.20% last week.
Read More →
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.
Read More →
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.
Read More →
The shutdowns come to fight the spread of COVID-19/coronavirus after workers at multiple plants tested positive.
Read More →Wholesale used vehicle prices increased 1.35% month-over-month in February, bringing the Manheim Used Vehicle Value Index to 143.5, which is 6.2% higher than it was at the same time in 2019.
Read More →
KAR Global is immediately transitioning to Simulcast-only sales at all U.S. and Canada ADESA auction locations until further notice as the coronavirus pandemic continues to evolve, according to KAR Auction Services.
Read More →
