Hallett served in an active 25-year career with KAR Global but he will still keep his seat on the company's board of directors.
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Overall sales are up in the quarter, including for fleets. However, headwinds are growing and inventory levels are moving back above the pre-pandemic normal, suggesting a slowing of demand.
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In a confidence builder for EVs, fewer than 2% of batteries have been replaced outside of publicized recalls during the last 10 years.
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CAR 2023: These 10 reasons sum up why the Conference of Automotive Remarketing provides solid business, career, and networking ROI.
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CAR 2023: Amid so much change on so many industry fronts, remarketers need to discern the main drivers that are transforming daily operations
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The subscription-to-ownership platform enables users to drive and acquire new electric vehicles as part of an extended test while fleet operations can assess electrification.
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Client success leader and remarketing events host Joe Miller anticipates new rewards that go beyond business.
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CAR 2023: The industry training group is attracting more participants as it expands its professional education.
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Although prices are falling, they likely won't decline too much given the tighter inventory compared to 2021.
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CAR 2023: Remarketers should prepare for more of the economic and market conditions that have been shifting widely year to year since 2019.
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