Since the labor actions started Sept. 15, the U.S. has ample inventory for now from the Detroit automakers that should keep steady supply through the end of the month. The all-important Ford F-150 had 97 days of supply at the start of October.
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The auction group held an annual back-to-school campaign via dunk tanks, ice bucket challenges, etc., along with donations from clients.
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Car, truck, and SUV sales from nine automakers into large rental, commercial, and government fleets increased 26% in September compared to the previous year.
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National auction executive and NAAA mover Charlotte Pyle takes the titles of icon and hall of famer for her lengthy career of achievement and service.
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The latest NAAA event in Chicago served up a stream of accomplishments, honors, and leadership promotions.
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The leading auction and consignor professional trade organizations will work together in the areas of EV safety, consignor-auction transaction standards, and industry education.
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Company co-chair Dave Blake will succeed Weaver, whose remarketing industry spans more than 40 years with multiple executive roles.
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Sales in Q3 are expected to surpass 3.9 million, a jump of more than 15% from the same timeframe one year ago.
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Plug is an online used EV wholesale marketplace to facilitate the buying and selling of used EVs among dealers.
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During the last two weeks, Manheim Market Report (MMR) prices declined an aggregate of 0.3%, which was less than half of the normal decline for this time of year.
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