KAR Auction Services, Inc. raised $242,884 for the United Way of Central Indiana (UWCI) during the company’s annual fundraising campaign.
Read More →
Barrett-Jackson will showcase its Salon Collection in Scottsdale, Ariz., which will include classic cars that were affiliated with renowned figures in pop culture.
Read More →
Readers of VehicleRemarket.com gravitated to trending topics such as managing depreciation, technological updates, General Motors' online used-vehicle program, truck depreciation, and lists of the best used cars by mainstream media outlets.
Read More →Edmunds.com is forecasting the sale of 1,629,011 new cars and trucks in December. If realized, the prediction puts the seasonally adjusted annual rate (SAAR) at 17.7 million, an 18.5% increase from the same time last year.
Read More →For the second time in 10 years, the Federal Reserve's Federal Open Market Committee unanimously voted to raise the federal interest rate on Wednesday, Dec. 14, increasing it by a quarter of a point to a range of 0.50% to 0.75%.
Read More →
In the past year, ServNet acquired four new auctions to its group, and expanded several existing locations.
Read More →
While truck segments retained their values better than cars, subcompact vehicle values in both car a truck categories showed steeper declines compared to all other vehicles.
Read More →
Volkswagen has reached an agreement to settle claims relating to its 3.0L V-6 TDI engines with a commitment to buy back a quarter of the vehicles, set aside $225 million toward emissions reduction, and pay $25 million to support the use of zero emission vehicles (ZEVs) in California.
Read More →A new threat to used vehicle prices seems to be arising from increased new vehicle incentives, which have been relatively benign through this cycle of price softening.
Read More →
Maserati North America has partnered with Manheim to centralize its processes for wholesaling vehicles, including revamping its fleet management program and the liquidation of its off-lease, buyback, and company-owned units.
Read More →
