KAR expects to be immediately profitable across its North American dealer-to-dealer platforms while enhancing its position in the highly fragmented wholesale used vehicle market.
Read More →
The decrease in U.S. auto sales is due to historically low new-vehicle inventory levels, which are over 50% lower than they were a year ago.
Read More →
High prices and relatively tight inventory keep more buyers at bay.
Read More →
The average listing price reached $25,500 as July closed, after surpassing the $25,000 mark for the first time ever in June.
Read More →
Tight new-vehicle supply puts upward pressure on new-vehicle transaction prices. Affordability hits 10-year low in July.
Read More →
Maria Acuna, the comptroller at Big Valley Auto Auction where she had worked 13 years, passed away on Aug. 14 at age 47.
Read More →
CEO Yossi Levi, founder was named winner of the Entrepreneur Of The Year 2021 Greater Philadelphia Award.
Read More →
The mid-month Manheim Used Vehicle Value Index is still up 18% year over year.
Read More →
The conference will be the alliance’s first in-person event in two years and presents an active agenda for a changing industry.
Read More →
The new inspection solution provides a more efficient process for clients to assess a vehicle’s exact condition before making listing and buying decisions.
Read More →
