CAR 2022: The key logistical link among consignors, auctions and dealers boils down to how efficiently transport trucks roll down the road to fulfill millions of transactions.
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The International Automotive Remarketers Alliance takes on the big themes and questions in the industry at this year’s Conference of Automotive Remarketing.
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CAR 2022: The Conference of Automotive Remarketing panel will share perspectives on how independent auctions are handling challenges in a new industry environment.
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The increased digital transactions since 2019 point to a wide embrace of online auction markets.
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FastLane will be the anchor asset for EBlock to expand its reach by enabling digital dealer-to-dealer buying and selling, positioning EBlock for further reach in the U.S. Midwest.
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The agreement is closely aligned with KAR’s digital strategy, and will allow KAR to focus on its portfolio of digital marketplaces.
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Inventory has improved since last summer’s supply drought, but availability remains well below pre-COVID levels.
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The average used-vehicle listing price dipped below $28,000. The inventory volume and days’ supply are both above last year, although sales remain low.
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The latest trends in the key indicators suggest wholesale used-vehicle values will likely see further declines in the second half of the month.
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Production will increase with an easing of the chip shortage later this year and sales will rise. Prices will stay high but likely off their records.
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