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Used-Vehicle Prices Average Just Under $27,000
KAR Global Completes Acquisition of CARWAVE

KAR Global Completes Acquisition of CARWAVE

The deal builds on KAR's growth in the dealer-to-dealer segment, enhances its profile in the fragmented wholesale used vehicle market, and accelerates the company’s overall move to digital auction marketplaces.

October 21, 2021

ADESA Simulcast Earns Top Industry Awards
Autoniq Launches Wholesale Index to Help Dealers Apply Data in Selling Decisions
Wholesale Used Vehicle Prices Increase This Month

Wholesale Used Vehicle Prices Increase This Month

Manheim Market Report (MMR) prices saw strong gains through the first two full weeks of October. The latest trends in the key indicators suggest wholesale used vehicle values will likely see further gains in the days ahead.

October 20, 2021

U.S. EV Sales Surge Past 1 Million in Q3
New Vehicle Prices Hit Record While Supply Falls
Used Vehicle Sales Pace Slows in September
Brightstar Capital Partners Acquires XLerate Group

Brightstar Capital Partners Acquires XLerate Group

The purchase will enable the auction company to solidify its market positions and further scale in this industry through strategic investments in technology and other avenues for growth.

October 18, 2021

Manheim Prepares to Meet Future Growth of Electric Vehicles
Pre-Owned Vehicle Sales Move Along Peak Levels
Auction Digital Imaging Company Names COO
T.J. Reed Named President of Daimler Trucks Remarketing
Manheim Index Sets New Record — Again

Manheim Index Sets New Record — Again

All major market segments saw seasonally adjusted wholesale price increases in September, while sales into fleets were down 21% year over year in September.

October 7, 2021

ELMS Signs Agreement with Cox Automotive for Service and Support
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