The days’ supply is down 16% compared to the start of the year, as sales of used-vehicles picked up in the month and inventory decreased.
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Inventory levels reach the highest point since June 2020 while the number of buyers who can afford a new vehicle is the best since June 2021.
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CAR 2024: The Conference of Automotive Remarketing starts off with a focus on the audience, as the International Automotive Remarketers Alliance hosts practical how-to sessions to share ideas and field suggestions.
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Two industry groups have launched a program to cultivate Millennial and Gen Z leaders in vehicle consignment, auctions, and related businesses.
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The recent partnership enables America's Auto Auction Group to use a more modern, unified system from the logistics technology company.
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The venerable data analytics and consumer insights firm will detail the outlook for the automotive and remarketing sectors and what it means for consignors, auctions, dealers, and fleet operators.
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A recent JD Power reliability study shows users find electric vehicles far more troublesome than gasoline and hybrid vehicles.
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CAR 2024: Learn how fleets and remarketing operations along the wholesale path can benefit from the advanced skills of next-gen mechanics.
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The 30-minute podcasts of topical guest interviews is being hosted by the Greater Rockford Auto Auction.
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In a first-ever metric compiled by Cox Automotive, seasonally adjusted electric vehicle values ended 2023 down 17%, while non-EVs were down 7.1% for the year.
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