Wholesale prices in October tempered down from the high levels reached in August, according to J.D. Power’s November 2019 Used Car and Light Truck Guidelines Industry Update.
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Millard H. “Skip” Wolfgang III, co-owner of Pennsylvania Auto Dealers' Exchange, died Nov.1 at his home in Virginia. He was 72.
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Recovery Database Network and Clearplan — two business units of Kar Global — have made enhancements to their respective platforms.
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Overall truck segment values declined 0.83% last week, compared to 0.99% the week before.
Read More →Manheim has created a new role, vice president of Industry Partnerships, and has appointed Julie Picard to it.
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Honda received the company’s top spot for the mainstream brand category and Land Rover earned the stop for the luxury brand category.
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The new capital will allow ACV Auctions to further its investment in technology and data driven solutions that will help dealerships source and sell used vehicles.
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Vincentric has announced the winners of its 7th annual Best Certified Pre-Owned Value in America Awards and Ford, Subaru, and Lexus were some of the key winners.
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Wholesale values were way down last week, as various truck and car segment vehicles saw steep depreciation.
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The values of vehicles sold at ADESA auctions from fleet consignors fell 0.6% to $13,309 in October but remain 2.4% higher from a year ago, according to Tom Kontos, KAR Global's chief economist.
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