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News•by News/Media Release•December 7, 2023

Leaders Take New Posts at ServNet Auction Group

The national network of independently-owned wholesale auto auctions plans to build and strengthen its auction teams.

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News•by Martin Romjue•December 7, 2023

Data Shows More Balance in Used Vehicle Market Transactions

A third quarter report from AutoIMS comes amid the outside pressures of inflation and the United Auto Workers strike.

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Articles•by Martin Romjue•December 6, 2023

The Latest Forward Movers for Fleet Operations

From safety to market conditions to connectivity and technology, three keynote sessions at the recent Fleet Forward and Fleet Safety conferences provide an overview of the latest advances for fleets.

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News•by News/Media Release•December 5, 2023

Adesa Rebrands to OPENLANE in Europe

The improved digital marketplace will provide a secure one-stop-shop experience with best-in-class cross-border services and real-time delivery options.

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Articles•November 30, 2023

3 Headwinds That Will Batter the Auto Industry

Analysis: Slowing EV adoption, an expensive UAW labor contract, and higher consumer interest rates will diminish the profits and gains of recent years.

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News•by News/Media Release•November 28, 2023

Used EV Prices Tank as Demand Craters

The latest numbers add up to a gutpunch for the resale values of used electric vehicles as the early adopter market for EVs taps out and mainstream vehicle buyers remain cautious.

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News•by News/Media Release•November 21, 2023

OPENLANE Combines BacklotCars, Off-Lease Vehicles into New Marketplace

The consolidated digital platform will simplify buying and selling while expanding reach and access for customers.

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News•by News/Media Release•November 20, 2023

Wholesale Used Vehicle Prices Decline in First Half of November

Over the last two weeks, Manheim Market Report (MMR) prices declined an aggregate of 1.9%, which was more than the normal decline of 1% for the time of year.

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News•by News/Media Release•November 14, 2023

Used Vehicle Supply Limited at November Start

Wholesale used-vehicle prices decreased 2.3% in October from September and were down 4% from a year ago.

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News•by News/Media Release•November 7, 2023

Wholesale Used Vehicle Prices Reverse Two Months of Gains

October’s price decline is eerily similar to last October’s 2.2% drop, and this was not unexpected as the market remains balanced.

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