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Newsby StaffMay 16, 2024

New Vehicle Prices Rise Agan, While Affordability Dips

The share of new-vehicle sales from luxury brands drove up average transaction prices, when combined with fewer discounts and incentives, caused new vehicle affordability to fall.

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David Sargent of JD Power speaks on stage at CAR Conference.
Articlesby Martin RomjueMay 15, 2024

Mixed Messages on Vehicle Values with Added Hope for EVs

CAR 2024: An expert executive from JD Power shares the global firm’s latest analytics and insights on the used and new vehicle markets and the current and future state of electric vehicles.

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A group of people in matching light blue shirts pose with a check made out to Bree's Gift for $60,000.
Newsby News/Media ReleaseMay 14, 2024

Missouri Auto Auction Raises Adoption Funds in Honor of 4-Year-Old Girl

The company recently auctioned off items for a charity celebrating the life of a former employee's daughter.

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Articlesby Martin RomjueMay 13, 2024

Supply, Lease-Returns, and Interest Rates Driving Near-Term Vehicle Market

CAR 2024: An all-star panel of economists and data analysts find that used/wholesale vehicle prices and values will remain above the previous “normal” levels last seen in the late 2010s.

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Newsby News/Media ReleaseMay 9, 2024

Used Vehicle Wholesale Prices Show Consistent Decline in April

The Manheim Used Vehicle Value Index (MUVVI) fell to 198.4, a decline of 14% from a year ago.

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Buyers and sellers gather around a vehicle at a live in-lane auction.
Newsby News/Media ReleaseApril 29, 2024

NAAA Member Auctions Report 11% Volume Growth in 2023

An independent survey conducted for NAAA provides the most comprehensive picture available of the wholesale auto auction industry.

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NewsApril 24, 2024

Big Changes Ahead for Used-Vehicle Transport

Analysis: When it comes to transporting electric vehicles, there are questions on all sides about weight, safety, and hauling.

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Newsby News/Media ReleaseApril 22, 2024

Used Retail Vehicle Sales Increase in March

The 1.66 million used vehicles sold at retail are up 11% year over year compared to March 2023 and the highest volume since March 2022.

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Newsby News/Media ReleaseApril 21, 2024

As Tax Season Ends, Used Vehicle Inventory Drops 4%

Used-vehicle sales in the period were up more than 5% year over year, in line with spring fever and the tax refund season.

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Photo Galleriesby StaffApril 19, 2024

CAR 2024 Attendees Define Remarketing Event

The Conference of Automotive Remarketing drew a professional crowd that networked for business and cultivated industry friendships.

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