Vehicle Remarketing Logo

News

Used Vehicle Supply Holds Steady as Asking Prices Rise

The average listing price at the end of April was $28,365, surpassing the $28,000 mark for the first time since December 2021.

Read More →
Fleetfrom News/Media ReleaseMay 20, 2022

New Vehicle Affordability Declines in April

The trend continues to be much worse now than a year ago when prices were notably lower and incentives were higher.

Read More →

Used Vehicle Market Slows Down This Spring

Year to date, the total used-vehicle market is on pace to finish down more than 10% from 2021’s 40.6 million total.

Read More →
Ad Loading...
Auctionsfrom News/Media ReleaseMay 11, 2022

Black Widow Partners with Auto Auction Holdings

Orlando Longwood Auto Auction plans to install Black Widow Imaging to improve their customer experience.

Read More →
Auctionsfrom News/Media ReleaseMay 10, 2022

KAR Global Completes Sale of ADESA to Carvana

Used vehicle marketplace KAR Global has now sold all of its ADESA U.S. physical auction business to Carvana. KAR will continue to operate its online auction portal Openlane.

Read More →

CPO Sales Improve Slightly in April, Remain Behind 2021

The overall used-vehicle market is experiencing a weaker spring than expected

Read More →
Ad Loading...
Associationsby Martin RomjueMay 9, 2022

IARA Tees Up Annual Summer Roundtable

The International Automotive Remarketers Alliance opens registration and releases a schedule for its conference that brings together consignors, auctions, dealers, and finance companies.

Read More →
Fleetfrom News/Media ReleaseMay 6, 2022

Fleet Sales Improve YOY in April, Outperform Retail Sales

After including dealer and manufacturer fleet sales, the total fleet share of all sales was 14%, up 2% from April 2021's fleet share.

Read More →

Wholesale Used-Vehicle Prices Decline in April

Combined sales into large rental, commercial and government buyers were up over 4% year over year in April.

Read More →
Ad Loading...
Auctionsfrom News/Media ReleaseMay 5, 2022

North Bay Auto Auction Earns Top Award From Merchants Fleet

The Northern California operation is recognized for setting a standard of excellence for the auction industry.

Read More →