Tom Kontos and Charles Chesbrough will lead a discussion on economic trends affecting the remarketing industry at the upcoming 2018 IARA Summer Roundtable.
Read More →
Wholesale prices had been on the decline since April 2018, however, a strong showing in June bucked that trend and moved current wholesale price performance ahead of last year.
Read More →
New vehicle retail sales increased 5% year-over-year in May, however, the amount of people reporting that they’ll buy a new vehicle in the second half of 2018 is on the decline, according to Cox Automotive’s June 2018 Industry Update.
Read More →
The initiative began in 2014, when the company first announced that its $400 million multiple-year project to transform its auction operations. In that time Manheim brought enhancements to both its physical and digital properties.
Read More →
Ready Logistics and NextGear Capital have added a new feature to their Transportation Financing program that makes it simpler for their auction clients to add transportation costs to their floor plans.
Read More →RMS Automotive has launched Optimization, an A.I.-powered product suite designed to provide vehicle-specific insights that help clients make data-driven decisions and improve their overall portfolio performance.
Read More →Used vehicle sales decreased 2% year-over-year in April, in large part due to two fewer selling days compared to the year before, noted Cox Automotive in its May 2018 Industry Update.
Read More →
Used-vehicle sales will rise and new-vehicle sales will fall in 2018, while total sales will reach 56.2 million, which would represent a second year of declines for the automotive industry, according to a Cox Automotive forecast.
Read More →RMS Automotive has launched the first phase of a remarketing platform intended to drive sales for BMW China and its more than 400 CPO-program-authorized dealerships, the company announced.
Read More →
Fleet mainstays such as pickups and vans are expected to perform well at wholesale this year. Higher-end vehicles, such as those found in executive fleets are expected to struggle.
Read More →
