A recent auction industry quarterly report shows a mix of up and down indicators that add up to more market balance.
Broken down, government fleets were up 5.9% YOY, commercial fleets down by 0.1%, and rental fleet volume down 33% from last May.
The Conference of Automotive Remarketing provided the ideal marketplace for industry businesses and attendees to see the latest in services and innovations for consignors and auctions.
Combined sales into large rental, commercial, and government buyers were down 30% year over year in February.
KAR will shed debt and can concentrate on digital sales, while Carvana gains access to more cars and dealer relationships. But questions remain.
IARA 20th Anniversary Issue: While the marketing, social media, and press/PR committees focus on specific roles and functions, their results all overlap toward the wide-reaching goal of spreading the consignors' voice.
IARA 20th Anniversary Issue: The purpose of the annual awards is to encourage and publicize excellence among remarketing professionals while setting examples for others to follow.
IARA 20th Anniversary Issue: The committee helped Canadian members navigate the pandemic while working from home.
IARA 20th Anniversary Issue: The role underscores the Alliance’s growing clout and professionalism amid a growing number of regulations.
IARA 20th Anniversary Issue: The Alliance may be the voice of consignors, but auctions, vendors, dealers, and affiliates round out the diverse professional roster.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
