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Auction Volume Grows Slightly in June

Auction Volume Grows Slightly in June

The amount of vehicles in auction that are 5 years old or newer increased 0.3% year-over-year in June, according to J.D. Power's July 2019 Used Car and Light Truck Guidelines.

July 19, 2019

Copart Adds Sixth Location in New York
Wholesale Depreciation Among Cars Accelerated Last Week
Used Vehicle Sales Fall 3% in June

Used Vehicle Sales Fall 3% in June

The used industry's seasonally adjusted annual rate (SAAR) was 39.8 million during June, down from the 41.1 million SAAR from the same time last year, according to Cox Automotive estimates.

July 15, 2019

Copart Opens Second Location in Connecticut
Depreciation Continues to Follow Seasonal Trend

Depreciation Continues to Follow Seasonal Trend

Wholesale vehicle depreciation continued to accelerate last week, a trend that is expected to continue for the next few weeks, as seasonal patterns take hold, according to Black Book's July 8 Market Insights report.

July 10, 2019

KAR Completes Salvage Business Separation

IAA Opens Third Location in Houston Area

The new location, IAA Houston South, sits approximately 35 miles from Houston and will strategically enhance the company's ability to serve the growing metropolitan area and the coastal Texas areas, the company announced.

June 13, 2019

Fleet Vehicles Spending Fewer Days at Auction
Weekly Luxury Segment Values Continue to Hurt
Autotrader Names 2019's Best CPO Programs
Carvana Opens Newest Vending Machine in Kansas City
Weekly Used Vehicle Values Showing Signs of Slowdown
New-Vehicle Affordability Crunch Benefiting CPO Sales