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Used Vehicle Valuesby StaffMarch 8, 2021

Wholesale Used-Vehicle Prices Reach Record Highs in February

Wholesale used vehicle prices jumped 3.79% month-over-month in February, led by a major increase near the month's end.

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Auctionsby StaffMarch 3, 2021

KAR Auction Services Names New CEO

KAR Auction Services has announced that Peter Kelly will assume the role of CEO of the company effective April 1, 2021.

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Operationsby StaffMarch 1, 2021

ACV Auctions Files for IPO

ACV Auctions has filed with the Securities and Exchange Commission (SEC) to raise up to $100 million for an initial public offering.

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Operationsby StaffMarch 1, 2021

VW Credit Partners with Manheim for New Upstream Remarketing Sites

VW Credit, Inc. (VCI) has launched two new websites on Manheim’s digital upstream remarketing platform as a way to offer unsold pre-owned vehicles to Manheim’s base of franchise and independent buyers.

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Technologyby StaffMarch 1, 2021

ADESA Canada Launches New Vehicle Return Service

ADESA has launched a new vehicle return guarantee service in Canada for available ADESA and TradeRev dealers utilizing its wholesale digital marketplace.

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Used Vehicle Valuesby StaffMarch 1, 2021

Wholesale Values Continue to Climb in February

Wholesale values continued their ascent in the final weeks of February, with nearly all reporting segments experiencing gains.

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Technologyby StaffFebruary 24, 2021

Enterprise Launches Digital Car Sales Platform

With the completion of this rollout, Enterprise’s customers now have the flexibility to complete their used car purchase either by starting their purchase from the comfort of home (with delivery, where available) or completing their purchase at any of Enterprise Car Sales’ 147 U.S. locations.

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Used Vehicle Valuesby StaffFebruary 18, 2021

Wholesale Prices Jump Early in 2021

The latest trends in the key indicators suggest used vehicle values are likely to continue to see appreciation in the days and weeks ahead.

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Fleetby StaffFebruary 12, 2021

FLD Remarketing’s Long-Time COO Breslow Retires

Ron Breslow, long-time COO for FLD Remarketing, has retired after spending more than four decades with the company that he helped build.

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Used Vehicle Valuesby StaffFebruary 12, 2021

Wholesale Prices Start Strong in February

Wholesale prices continued to gain strength for the first week of February in what Black Book Market Insights said is starting to look like the beginning to an early start to the Spring market. 

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