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Inside the CAR2026 Awards: Leaders, Legacy & What’s Next
Here's a look inside the awards ceremony at the CAR Conference, where industry leaders reflected on the growth, impact, and future of automotive remarketing.
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SEARCHMENUSEARCHHere's a look inside the awards ceremony at the CAR Conference, where industry leaders reflected on the growth, impact, and future of automotive remarketing.
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More used commercial vehicles are being remarketed this year, especially from rental fleets, as fleets replace old vehicles with new ones.
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The latest developments from these companies involve client auctions in Texas, Oklahoma, and Alabama.
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The tool allows sellers to indicate they are committed to selling a vehicle that same day, and buyers can spot ready deals.
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The legendary automotive expert helped develop the remarketing industry's leading resource on valuing and pricing used vehicles for the retail market.
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The 57-year-old operation plans to build its network and broaden its reach to more new and used car dealers as well as regional and national commercial accounts.
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Fleet/lease sales are one factor spurring the volume, with 5-year-and-below vehicle sales up 32% so far this year.
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The total U.S. supply of available unsold new vehicles opened May at 51% above a year ago, but volume is still down 26% from 2019 levels.
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The average used-vehicle listing price was $25,571, up slightly from the revised $25,536 at the start of April but down 6% from a year earlier.
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Wholesale flattens mid-month, while used retail vehicle sales rose slightly but are still down compared to last year.
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Veteran auto auction leader John Poteet will consult, advise, and teach at TPC Management and Auction Academy.
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