REPORTER

Overall depreciation for used vehicles in 2018 registered at 12.4% for 2- to 6-year-old...

Experts Forecast the 2019 Used Vehicle Market

Prices and volume are not expected to plummet in 2019, but industry experts seem to feel that the best-case scenario will be a plateau, and more realistically, will fall slightly.

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Overall, car segment values decreased 0.74% last week, compared to 0.69% the week before....

Used Crossover Values Fall in Early January

Used vehicle values continued to decline at the start of the new year, pushing sales rates at auction up, but moving prices down.

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XLerate Acquires Auctions in Georgia, Illinois

The XLerate Group has acquired Southeastern Auto Auction in Savannah, Ga., and Morton Auto Auction in Morton, Ill., the auction provider has announced. The group now operates 20 auctions in eight states.

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The firm reported an Index of 116.3 in December, compared to 116.5 in November. Although values...

2018 Used Car Market Stronger Than Year Before

Black Book’s Used Vehicle Retention Index finished 2018 1.9% higher than in the same time in 2017.

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Remarketing professionals had plenty of opportunities to network at the 2018 Conference of...

2019 Consignor of the Year Voting Opens

The award is sponsored by Bobit Business Media and National Auto Auction Association; ballots will close on Thursday, Jan. 31. The winner will be announced at the 2019 Conference of Automotive Remarketing, which will be held on March 26-27, 2019 at Caesars Palace Las Vegas.

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EBlock is launching its U.S. operations out of its head office in Burlington, Vt.

Online Canadian Auction Company Enters U.S. Market

Eblock, a fast-growing online auction in Canada, will begin operating in the U.S. from a head office in Burlington, Vt., the company announced.

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NAAA Elevates Heon to Newly Created COO Role

The association has chosen Tricia Heon, who has been part of the NAAA for eight years, and most recently served as legislative director and operations manager, for the position.

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Mike Boyd, who founded iRecon Cars, will remain with Cox Automotive as the senior director of...

Cox's vAuto Acquires, Relaunches Recon Management Platform

Cox Automotive's dealer technology unit vAuto has acquired iReconCars and relaunched the reconditioning management platform as iRecon to help dealers and other partners improve used vehicle reconditioning efficiency and speed, the company announced.

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