Southeastern Auto Auction of Savannah recently concluded its fourth annual “Cars, Cash & Caring” event, where it raised over $10,000 for Shriners Hospital for Children.
Read More →
Car segment values continued to thrive last week, as nearly all vehicles within the segment saw growing consumer demand, according to Black Book’s March 26 Market Insights report.
Read More →
MetroGistics has hired John Heimann as its associate vice president of information technology, the vehicle logistics provider has announced.
Read More →
This wave of off-lease vehicles is expected to be one of the biggest threats that the new-vehicle industry will face this year and the next. And, it won’t just be the sheer volume of relatively new, low-mileage vehicles that will pose a risk to the new-industry; it’ll be the types of off-lease vehicles returning to market that will present the biggest hurdle.
Read More →
Manheim has launched a new Insight Condition Report aimed at providing a more accurate representation of the vehicles on its online platform.
Read More →The intelligent search uses machine learning in order to learn client behaviors and preferences over time. As the system learns more about a specific user, results that it provides will appear in an order that is more relevant to that user.
Read More →
The used-vehicle industry reached a record-breaking 39.2 million in sales in 2017, representing a 1.6% year-over-year increase, according to the latest Used Car Report from Edmunds.
Read More →In this new role, Gil Hyder will manager ADESA commercial client relationships and lead commercial client efforts for physical auction and upstream remarketing services, along with other related products and services available across the KAR group of companies.
Read More →
H was designed to leverage data and technology from across the KAR platform. It uses TradeRev’s machine learning and proprietary algorithms to deliver clear, easy, actionable intelligence to dealers.
Read More →
Overall, average wholes car values were essentially flat last week, down 0.01%, compared to 0.14% the week before. Had it not been for luxury vehicles the car segment would have seen a week-to-week rise in average wholesale values.
Read More →
