Combined sales into large rental, commercial and government buyers were up over 4% year over year in April.
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The Northern California operation is recognized for setting a standard of excellence for the auction industry.
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The two-day extravaganza of the Maryland operation spanned a gala evening, a mass vehicle auction, fireworks, and local accolades.
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Carvana’s Ernie Garcia and Parkmyfleet CIO Kristin Slanina will bring their latest insights for consignors and auctions at the International Automotive Remarketers Alliance annual Summer Roundtable.
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Bidirectional charging ranked highest among electrified truck intenders, with 64% saying they wanted it. The technology can power appliances, tools, and TVs and serve as a generator for a house or even charge another electric vehicles.
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TradeRev chooses one of its co-founders who brings deep experience in the retail and wholesale sides of the automotive marketplace.
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The EV battery analytical firm is attracting investments that will help bring its data gathering and electric usage insights to a wider array of industry clients and partnerships.
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Sales are likely to be slightly less this spring selling season.
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But they remain off last year's pace because limited new-vehicle inventory has slowed the gently used segment due to fewer trade-ins.
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At the end of March, the average listing price was $27,246, off record levels in December when it surpassed $28,000. The list price was down some from the end of February when it was a revised $27,609.
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