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According to Manheim, wholesale used vehicle prices increased 5.74% in the first 15 days of May compared to the month of April. New and used retail vehicle sales show substantial gains from March’s free fall.
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ServNet auctions are gradually reintroducing in-person sales at their operations, following local and state health guidelines as restrictions ease in some areas of the country following the COVID-19 pandemic.
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The International Automotive Remarketers Alliance (IARA) will host its third webinar in its 2020 Road to Recovery series, titled “Adjusting to the New Normal,” on Friday, June 5, 2020.
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Black Book’s latest COVID-19 Market Update found that while used vehicle values have continued to depreciate since the last week of March, the rate of depreciation has been significantly lower over the last two weeks.
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The International Automotive Remarketers Alliance (IARA) is scheduled to host its 19th Annual Summer Roundtable at the Marriott Riverwalk in San Antonio, Texas on August 18 – 20, 2020.
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