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Remarketing

Newsby News/Media ReleaseNovember 19, 2022

Wholesale Used Vehicle Prices Inch Up This Month

Declines in Manheim Market Report prices, days' supply, and average daily sales conversion rates are following typical patterns for November.

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Newsby News/Media ReleaseNovember 18, 2022

Average Used-Vehicle Asking Price Lowest Since April

Days’ supply in October was 26% above year-ago levels. Used-vehicle inventory has been holding at about this level since mid-January.

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Newsby News/Media ReleaseNovember 18, 2022

Great Lakes Auto Auction Acquires Wolfe's South Bend Auto Auction

The longtime family-owned auction group that spans four generations of the Wolfe family is shedding one operation to focus on its two others in Indiana.

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Newsby News/Media ReleaseNovember 18, 2022

Most Brands See New Vehicle Supply Rebound

Days’ supply climbed to 49, the highest since May 2021. The question now is: Will demand keep up with supply?

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Newsby News/Media ReleaseNovember 18, 2022

New-Vehicle Monthly Payment Hits Another Record High

Higher rates are already shifting access to vehicles and financing towards wealthier consumers as overall affordability declines.

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Newsby News/Media ReleaseNovember 15, 2022

Used Vehicle Sales Down 14% YOY in October

Rising interest rates are taking some potential buyers out of the market.

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Newsby News/Media ReleaseNovember 8, 2022

Ritchie Bros. Auctioneers Acquires IAA to Expand Global Marketplace

The deal will diversify Ritchie Bros.' truck, construction, and farm equipment customer base by providing it with a larger presence in the vehicle remarketing vertical that has strong industry fundamentals with proven growth.

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Newsby News/Media ReleaseNovember 7, 2022

Wholesale Used-Vehicle Prices See Smaller Decline in October

All eight major market segments saw seasonally adjusted prices that were lower year over year in October.

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Newsby News/Media ReleaseNovember 7, 2022

Thoroughbred Auto Auction Retains TPC Management

The consulting company will help the Tennessee-based auction operation reach a broader range of customers.

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Newsby News/Media ReleaseNovember 4, 2022

October Fleet Sales Up Nearly 49% YOY

Some manufacturers may be shifting more of their sales to fleet as they see retail sales soften due to consumer economic concerns.

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