You May Name-Drop These IARA Award Winners
In its 20th anniversary year, the International Automotive Remarketers Alliance showcased some of its most accomplished industry professionals.
In its 20th anniversary year, the International Automotive Remarketers Alliance showcased some of its most accomplished industry professionals.
A recent quarterly report from Haig Partners shows that buy-sell activity among auto dealerships has exploded, leading to "empty lots and overstuffed wallets."
Second quarter numbers show emerging competition for buyer choices as more models enter the market.
KAR expects to be immediately profitable across its North American dealer-to-dealer platforms while enhancing its position in the highly fragmented wholesale used vehicle market.
The decrease in U.S. auto sales is due to historically low new-vehicle inventory levels, which are over 50% lower than they were a year ago.
High prices and relatively tight inventory keep more buyers at bay.
The average listing price reached $25,500 as July closed, after surpassing the $25,000 mark for the first time ever in June.
Tight new-vehicle supply puts upward pressure on new-vehicle transaction prices. Affordability hits 10-year low in July.
Maria Acuna, the comptroller at Big Valley Auto Auction where she had worked 13 years, passed away on Aug. 14 at age 47.
CEO Yossi Levi, founder was named winner of the Entrepreneur Of The Year 2021 Greater Philadelphia Award.
The mid-month Manheim Used Vehicle Value Index is still up 18% year over year.
The conference will be the alliance’s first in-person event in two years and presents an active agenda for a changing industry.
The new inspection solution provides a more efficient process for clients to assess a vehicle’s exact condition before making listing and buying decisions.
Near-record low new-vehicle inventory and record-high prices will keep certified pre-owned units as very attractive alternatives.
As August opened, inventories were running 53% below 2020 levels and 68% below 2019 levels.
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