Consignors throughout the country have presented accolades to a number of ServNet auctions through the first four months of the year, according to a ServNet release.
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Average wholesale prices for fleet lease vehicles were down 1.9% month-over-month, but up 0.4% year-over-year, according to Tom Kontos, KAR Auction Services' chief economist.
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The International Automotive Remarketers Alliance (IARA) will be hosting its spring roundtable at Caesars Palace Las Vegas on March 5, and will be holding various sessions March 6-7, concurrent with the Conference of Automotive Remarketers.
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Wholesale prices for fleet lease consignor vehicles fell 1.6% in October from the prior month and 4.5% higher than a year ago, Tom Kontos said in his monthly commentary.
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Average wholesale prices for used fleet lease vehicles increased 0.2% in September from the prior month and 3.6% from the prior year in a market that was bolstered by dealer demand in hurricane-stricken regions, according to Tom Kontos, KAR Auction Services' chief economist.
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AutoBuy, a used-car consignor, has opened two new locations, bringing the company’s total bricks and mortar locations to eight, and increasing its buy/sell capacity by more than 40%.
Read More →RMS Automotive and Manheim have launched a new co-listing capability designed to give independent dealers access to open sale vehicles listed on RPM, the Nissan and Infiniti upstream digital sales platform powered by RMS Automotive.
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Manheim will open six smaller auctions in areas the company views as "underserved markets," including Alabama, Georgia, Illinois, North Carolina, West Texas, and Utah, Manheim has announced.
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February provided "further concrete evidence of softening" of used vehicle prices during a month that usually shows improvement from January, ADESA's Tom Kontos wrote in his monthly Kontos Kommentary.
Read More →AutoIMS has announced a new data partnership with Chrome Data to offer sellers standardized vehicle content data directly through the AutoIMS platform.
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