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Truck Values Decrease Slightly

Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.42% last week. In comparison, the market values decreased by 0.58% on average during the prior four-week period.

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Online Auction Sales Marched Higher in 2018

Digital vehicle sales growth in the wholesale channel has been partly driven by technological...

Online sales of used vehicles in the wholesale market likely exceeded 2 million in 2018, as remarketing technology made it easier for dealers to evaluate, bid, and buy vehicles beyond physical auction locations.

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Manheim Introduces New Vehicle-Tracking Technology

To use Lot Vision, a dealer or transporter needs to visit an auction's lot vision site and enter...

The new technology — Lot Vision — is a GPS-based wireless device placed in a vehicle's on-board diagnostics port. The tracking device can also be attached to a steering wheel in the event that a vehicle does not have an on-board diagnostic port.