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Used Vehicle Prices Climb Higher As Sales Pace Slows
The higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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SEARCHMENUSEARCHThe higher prices at used retail reflect strong wholesale values earlier in the spring, particularly for older, more affordable vehicles.
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In a first-ever metric compiled by Cox Automotive, seasonally adjusted electric vehicle values ended 2023 down 17%, while non-EVs were down 7.1% for the year.
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CAR 2024: The IARA will host a session that speaks to a pressing need in workplace culture to accommodate workers of all ages with different ways of communicating and applying technology.
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CAR 2024: With data and digital technologies driving more business, the auction business model requires flexible leaders who can adapt.
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Grace Huang and Dale Pollack accept honors for their advocacy and contributions on behalf of the wholesale auto auction and automotive industries.
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CAR 2024: The IARA brings together a panel to address one of the biggest challenges for consignors.
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Four years after COVID emerged, vehicle prices are easing down amid some supply kinks, electric vehicle uncertainty, rising operational costs, and AI potential.
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CAR 2024: The Global Remarketing Opportunities for Women (GROW) outlines its multi-dimensional strategy on leadership and connections to wider roles in the remarketing industry.
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2023 saw subtle yet significant shifts in the auto auction market based on key metrics.
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CAR 2024: Next generation thinkers will delve into digital strategies that can cut costs, win over customers, and boost profits.
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CAR 2024: In the main keynote presentation, attendees will hear about leadership principles informed by love — the action, not emotion, and how it increases long-term profitability and value.
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