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Fleetfrom News/Media ReleaseDecember 12, 2023

New-Vehicle Prices Down YOY for Third Straight Month

Sales incentives were up 136% year over year in November, indicating the new-vehicle market is shifting to a buyer’s market, not a seller’s market.

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Used Vehicle Valuesfrom News/Media ReleaseDecember 8, 2023

Wholesale Used-Vehicle Prices Decrease in November

Analysts are expecting a measured movement through December and the year, which should reach the January forecast for a 4% year-over-year decline.

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Auctionsfrom News/Media ReleaseDecember 7, 2023

Leaders Take New Posts at ServNet Auction Group

The national network of independently-owned wholesale auto auctions plans to build and strengthen its auction teams.

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Used Vehicle Valuesby Martin RomjueDecember 7, 2023

Data Shows More Balance in Used Vehicle Market Transactions

A third quarter report from AutoIMS comes amid the outside pressures of inflation and the United Auto Workers strike.

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Fleetby Martin RomjueDecember 6, 2023

November Fleet Sales Results Mixed, Still Up YTD

Bobit releases the latest aggregate numbers for specific fleet sectors as total sales look to close out 2023 well ahead of last year.

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Auctionsfrom News/Media ReleaseDecember 6, 2023

America’s Group Expands Executive Team

The experienced remarketer will oversee the company’s commercial and dealer sales teams as well as marketing and information technology strategies.

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Auctionsfrom News/Media ReleaseDecember 5, 2023

Adesa Rebrands to OPENLANE in Europe

The improved digital marketplace will provide a secure one-stop-shop experience with best-in-class cross-border services and real-time delivery options.

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Used Vehicle Valuesfrom News/Media ReleaseNovember 28, 2023

Used EV Prices Tank as Demand Craters

The latest numbers add up to a gutpunch for the resale values of used electric vehicles as the early adopter market for EVs taps out and mainstream vehicle buyers remain cautious.

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Operationsfrom Staff and News ReportsNovember 21, 2023

Final UAW Strike Update: Contract Ratified

Culminating in over 45 days on the picket line, members at each of the Detroit Three have approved new contracts in favor of the UAW.

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Auctionsfrom News/Media ReleaseNovember 21, 2023

OPENLANE Combines BacklotCars, Off-Lease Vehicles into New Marketplace

The consolidated digital platform will simplify buying and selling while expanding reach and access for customers.

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