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Auctions•from News/Media Release•December 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 Values•by Martin Romjue•December 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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Fleet•by Martin Romjue•December 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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Auctions•from News/Media Release•December 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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Auctions•from News/Media Release•December 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 Values•from News/Media Release•November 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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Operations•from Staff and News Reports•November 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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Auctions•from News/Media Release•November 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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Used Vehicle Values•from News/Media Release•November 20, 2023

Wholesale Used Vehicle Prices Decline in First Half of November

Over the last two weeks, Manheim Market Report (MMR) prices declined an aggregate of 1.9%, which was more than the normal decline of 1% for the time of year.

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Auctions•from News/Media Release•November 20, 2023

Two Mid-Kansas Auction Leaders Graduate to Higher Level

The auction executives who run an operation with 100+ employees completed the prestigious two-year Auction Academy program.

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