In anticipation of future volume and to stay prepared in the event of future catastrophic events, Copart plans to continue its expansion activity this year, according to the company’s recent quarterly earnings call.
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New-vehicle sales in May are expected to total 1.53 million, essentially flat compared to the same time last year, according to Kelley Blue Book.
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Carvana has expanded its next-day delivery in the Southeast region by giving South Carolina car buyers in Columbia and Greenville access to next-day delivery, the company announced.
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More than 300 collector vehicles will be available for the next month through North Central Services’ Auto Liquidation South Dakota 2017 sale on K-Bid.com.
Read More →Insurance Auto Auctions, Inc. is adding a combined 49 acres to its Savannah and Tifton, Ga. facilities, according to a company announcement.
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As the market approaches the tail end of the spring season, wholesale values for both cars and trucks are on the decline, according to Black Book’s May 22 Market Insights Report.
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Andy White beat out a field of 15 finalists in the final round of the 2017 World Automobile Auctioneers Championship, claiming the title of 2017 Automobile Auctioneer World Champion and taking home $12,500 in prize money, according to a Manheim announcement.
Read More →The tool, the company stated, allows automotive industry professionals, lenders, OEMs, and dealers to value their entire portfolio through a secure, on-demand, self-service platform.
Read More →Impact Auto Auctions Ltd., a business unit of KAR Auction Services, has launched its Impact AuctionNow mobile app, which enables buyers to access thousands of vehicles every week and place bids both live and online, according to a company announcement.
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Average wholesale values continued their downward trend last week, as the spring market comes to an end, according to Black Book’s May 15 Market Insights report.
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