Wholesale used vehicle prices remained unchanged between August and September, remaining at 126.9 for September, which is a 1.7% increase from a year ago.
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Mark Hopkins, long time employee and national accounts manager for the Dealers Auto Auction Group, a division of City Enterprises, LLC., passed away unexpectedly on Oct. 1, 2016. He was 65.
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Used vehicles from the 2011 to 2015 model years depreciated 2.3% in September, a slight decrease over August's 2.4% depreciation rate, reports Black Book.
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Manheim is expanding its AutoGrade condition score licensing program to now be available for non-NAAA auctions and wholesale marketplaces as well as other support entities.
Read More →Cars showed better retention in the last week of September than in the previous four weeks, while trucks depreciated more than they have during that same timeframe.
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ADESA announced changes to the management teams at three of its Florida auction locations, including ADESA Orlando, ADESA Sarasota, ADESA Tampa
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Twelve Northeast Manheim locations are participating in a four-week, Oktoberfest-themed celebration, which is offering pre-sale and post-sale giveaways, prizes and unique buying/selling opportunities.
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KAR Auction Services announced today that it has promoted Gary Fields to vice president of KAR IT Shared Services (ITSS).
Read More →The car segment retained its wholesale value well last week, as the wholesale value of 2008-2014 model-year cars decreased by 0.68% last week.
Read More →Manheim has nearly tripled the number of auctions offering Enhanced Vehicle Imaging (EVI), expanding from 25 to 74 locations throughout North America, the company announced this week.
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