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VADA Adds Manheim Express as Partner Program

VADA Adds Manheim Express as Partner Program

The Virginia Auto Dealers Association has named Manheim Express a partner program. Directors said the mobile app will help VADA’s approximately 450 dealer members gain wholesale efficiencies and make more money.

February 22, 2019

New Vehicle Sales Dip 2% in February

New Vehicle Sales Dip 2% in February

The industry will sell approximately 1.27 million new cars and trucks in February, representing a 2.2% decrease from a year ago, according to an Edmunds forecast.

February 20, 2019

Presidents Day Helped Improve Weekly Wholesale Values
Used Fleet Vehicle Values Rise 1.9% in January

Used Fleet Vehicle Values Rise 1.9% in January

The average sale price for used vehicles from fleet leasing consignors increased 1.9% to $12,706 in January from the prior month and 3.9% from January of 2018, according to Tom Kontos, KAR's chief economist.

February 14, 2019

These 3 Trucks and SUVs Saw the Heaviest Depreciation After a Year
Manheim Auctions See Used Values Grow in January

Manheim Auctions See Used Values Grow in January

This growth was in large part fueled by the strong performance of lower-priced vehicles. Compact cars and midsize cars, in specific, saw the strongest growth among all vehicle segments and outperformed the overall market.

February 13, 2019

Compact Crossover and Van Prices Fall in Early Feb.
Bank of America Integrates Carvana into Digital Car Shopping Platform

Copart Opens California Location

The addition of the new location was motivated, in part, by the company's commitment to adding vehicle storage capacity in California, said Copart CEO Jay Adair.

February 7, 2019

Used Vehicle Values Fall in Back-to-Back Months
Stable Prices Continue for Used Cars and Trucks
Manheim Bringing Personalized Features to Online Platforms
Truck Values Decrease Slightly

Truck Values Decrease Slightly

Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.42% last week. In comparison, the market values decreased by 0.58% on average during the prior four-week period.

February 5, 2019

Copart Opens South Carolina Salvage Auction