Wholesale used vehicle prices increased 0.4% in the first 15 days of December compared to the month of November, bringing the mid-month Manheim Used Vehicle Value Index to 162.6, a 15.3% increase from December 2019.
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In 2020 Ritchie Bros. has seen website traffic increase by 35% to more than 27 million visits, while bidder registrations are up 71% to over 817,000 registrations.
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Alliance Auto Auctions has named its general manager of the Alliance Waco location in McLennan County, Texas.
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Richmond Auto Auction is a part of the AMS Auction Network and operates on 35 acres of land.
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The Copart Macon location in Georgia hosts weekly car auctions on Thursdays at 10 a.m. Eastern Time.
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Wholesale used vehicle prices increased 0.07% month over month in November, bringing the Manheim Used Vehicle Value Index to 162 a 16.6% increase from a year ago.
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Manheim announced it now enables dealers to run concierge-inspected vehicles located on the dealer lot in a live, auctioneer-led Simulcast sale via the Manheim Express Concierge service.
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In recognition of Manheim’s 75th anniversary, the company is recognizing the careers of several distinguished company leaders who are retiring or retired in 2020.
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Volume-weighted, overall car and truck segments both experienced continued softening in values, decreasing by 0.38%. However, these overall values are slightly higher than seasonal norms of the last three years, which averaged around -0.75% between 2017 - 2019.
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Dyer Auto Auction has announced the opening of a new Greenfield, Indiana, site in conjunction with a transition in family ownership.
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