Retail sales have been trending downward in recent years and that trend is expected to continue as the industry’s supply of gently-used off-lease vehicles continues to grow.
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Overall car segment values declined 0.13% last week, compared to 0% the week before. Overall truck segment values decreased 0.28% last week, compared to 0.17% the week before.
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Tom Rastelli will take the helm at Manheim Albany while John Duplanty will take over leadership of Manheim Portland.
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A 17.1 million total would match 2019’s total and mark the sixth year in a row that new-vehicle sales would top 17 million.
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Subaru earned Kelley Blue Book's award for the mainstream brand category.
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KAR Global has promoted Lisa Price, who served as the company’s executive vice president of human resources to chief people officer.
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Wholesale values saw unusually low depreciation last week, according to Black Book’s Jan. 21 Market Insights report.
Read More →The focus areas that Executive Director John Brasher and Administrative Director Robert Sullivan outlined include technology, growth, and data analytics.
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Along with audio/video, Manheim has added 360 interior imaging to Manheim Express, Manheim.com, and OVE users.
Read More →Former Manheim Milwaukee General Manager Dennis Worthy passed away on January 9, 2020.
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