Copart has expanded its Arkansas locations in Conway and the other in Prairie Grove to allow the company to better utilize their locations, store more vehicles, and sell more vehicles, according to the company.
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Households have set a new nominal record for debt, according to Manheim Chief Economist Jonathan Smoke’s Industry Insights. This, the report added, is a sign that consumer confidence is high and that credit is readily available
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The IARA hosted its 2017 Summer Roundtable in Nashville, Tenn. on Aug. 15-18. During the conference, panels discussed issues that the remarketing industry is currently facing as well as those on the horizon.
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Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.
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Approvals for vehicle leases fell 14.5% to 54.3% in July from the prior month partly because an influx of students with lower credit scores applied for vehicle leases ahead of the college school year, reports Swaplease.com.
Read More →The National Auto Auction Association (NAAA) has named four finalists for its 2017 Auction of the Year Award for Excellence in Community Service, the association announced.
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Insurance Auto Auctions, Inc. (IAA) has added new facilities in six states, including two states — Minnesota and Utah — where the company had no previous operations.
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Carvana will begin taking online orders from customers in Chattanooga and Knoxville, Tennessee, to browse, finance, purchase, and even trade in old vehicles online and have their vehicle delivered the next day.
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ADESA has added Angela Williams as executive sales director and Kirk Archer as sales director, the KAR Auction Services unit announced.
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Compact vans and small pickups declined the most among truck segments by 1.74% and 1.46%.
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