Returning consumer demand as the pandemic eases has driven the need among clients to prepare their inventory for the front line.
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Inventory was running 37% behind last year and 42% below 2019 as May, one of the highest sales volume months of the year, opened.
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Affordability remains worse than a year ago when prices were lower, incentives were higher and CARES Act payments boosted incomes.
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Sales of electrified vehicles grew notably in Q1, and analysts at Cox Automotive have said we are entering the EV Decade.
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The average listing price surpassed the $22,000 mark for the first time ever in April, closing the month at a new high of $22,568.
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Mark Ford caps a 33-year successful career while Chad Spearman and Danielle Sweet move up to auction manager posts.
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The sweeping, splashy, super-hero inspired report adds color and context to 11 top industry indicators based on extensive client data and metrics.
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Attendees to the Conference of Automotive Remarketing will learn how they can gain more professional expertise and knowledge.
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A Kelly Blue Book report shows growing interest in electric and green vehicles, especially SUVs.
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The Conference of Automotive Remarketing will feature examples of auction companies that not only survived the decreasing vehicle volumes during the pandemic but expanded their business.
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