The digital platform enables consumers to transact 100% online.
Read More →
The latest trends in key indicators suggest wholesale used vehicle values will continue to see depreciation in the days ahead.
Read More →
Chip shortages and surging demand are squeezing used vehicle sales while inflating prices.
Read More →
For the first time in a decade, vehicle buyers were essentially paying sticker price (MSRP) for new vehicles.
Read More →
By expanding its nationwide local auction network, Manheim now hosts 49 sales per month nationwide with dealers averaging a 77% sales efficiency rate based on data.
Read More →
Key reasons: Prices paid moved higher, incentives declined, and estimated median incomes fell.
Read More →
The pilot program underway at two sites to expand capabilities will provide more vehicle data to clients.
Read More →
James Davis, customer strategy and insight director (commercial vehicles) for Cox Automotive Europe, passed on July 11, 2021. He was 47 years old. In this position, Davis assumed an industry thought leadership role that involved building, sustaining, and evolving deep long-term open trust relationships with customers, business partners, suppliers, and industry bodies.
Read More →
Market watchers had been expecting this slowdown to come earlier in the summer, but deals could still be made. Now there just isn’t enough product available.
Read More →
Digital transactions have grown tremendously at XLerate over the last five years, and digital is a key component of its omnichannel, go-to-market strategy.
Read More →
