Over the past four years vehicle depreciation rates have remained below 14% for two- to six-year old vehicles, but that is anticipated to change for 2016. In 2016, depreciation rates are expected to climb to 15%. Further analysis of the market shows how cars, SUVs, and trucks fared in 2015.
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TradeRev unveiled their updated online vehicle remarketing system, which now comes equipped with a new lineup of features including vehicle analytics.
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Michael Briggs, president and CEO of ADESA subsidiary CarsArrive Network (CAN), will expand his role within the company to also oversee RDN.
Read More →Manheim has named four leaders to general manager roles in Florida, Georgia, North Carolina and Utah.
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Five remarketing industry professionals received top honors at the Conference of Automotive Remarketing (CAR) with the awarding of the 2016 Consignor of the Year, Remarketer of the Year, Industry Leadership Award, and the Ed Bobit Icon awards.
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KAR Auction Services and TradeRev announced that Keith Crerar has been hired by TradeRev as the EVP of the company's U.S. operations.
Read More →Manheim kicked off its month-long “Pump Up Your Volume” campaign on Monday. It's designed to promote the quantity and selection of inventory from key consignors as well as Manheim's large selection of sought-after luxury and non-luxury certified pre-owned vehicles in its inventory.
Read More →ADESA has signed an agreement to acquire Sanford Auto Dealers Exchange (SADE) in Sanford, Fla. This location joins four other ADESA auctions in the region: ADESA Sarasota, ADESA Tampa, ADESA Jacksonville, and ADESA Ocala.
Read More →Black Book has entered a collaborative partnership with DRIVIN to deliver real value to their extensive network of over 10,000 active dealerships, according to the firm.
Read More →ADESA announced that it has launched its Marketplace app for the Apple Watch.
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