CAR 2023: The annual messages from the National Auto Auction Association and International Automotive Remarketers Alliance presidents homed in on the volume of industry activity and macro-influences on the market.
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The movement of new vehicles into fleet increases at a consecutive monthly pace with supply freeing up after several years of constraints, according to Bobit fleet data.
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CAR 2023: Recipients of the IARA Circle of Excellence, CAR Remarketer of the Year, and CAR Consignor of the Year awards swept the stage with industry accomplishments.
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The company names a new leadership team as it refocuses on the next versions of detailed digital vehicle photos and images used in auctions.
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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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