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.
Read More →
Copart has opened a new location in Buffalo, New York, marking the sixth location for the company in the state, the company announced.
Read More →
Wholesale vehicle depreciation saw an uptick last week, as the car segment in particular saw a decrease in values, according to Black Book's July 15 Market Insights report.
Read More →
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.
Read More →Copart has opened a new location in Hartford, Connecticut, marking the second location for the company in the state.
Read More →
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.
Read More →
KAR Auction Services has successfully completed its previously announced separation of Insurance Auto Auctions (IAA).
Read More →
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.
Read More →
Over the past three years commercial remarketers have cut the time it takes to sell a vehicle from the moment it arrives at auction by five days.
Read More →ADESA has made it easier and faster to find vehicles on its website through its new natural language search functionality, the company announced.
Read More →
