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Newsby News/Media ReleaseSeptember 16, 2022

New Vehicle Supply Highest Since June 2021

But don't get too excited. Days supply is still far below historical levels and production has yet to catch up to demand.

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Newsby News/Media ReleaseSeptember 16, 2022

Higher Prices, Interest Rates Slow Used Car Sales

Year to date, the total used market is on pace to finish the year down more than 12% recorded in 2021.

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Articlesby Martin RomjueSeptember 14, 2022

The Realities Intruding on Mass Electrification

A panel at the National Auto Auction Association convention delves into the emerging challenges facing adoption of electric vehicles.

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Articlesby Martin RomjueSeptember 14, 2022

Carvana Founder and CEO Shares Business Approach, ADESA Details

IARA Summer Roundtable: In a free-wheeling interview, entrepreneur and used car industry disruptor Ernie Garcia delivers insights on his mega-merger deal and a customer-friendly e-commerce model.

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Newsby StaffSeptember 13, 2022

NAAA Event Serves Up Awards, Honors, and Elections

The annual National Auto Auction Association Convention returned last week after a three-year in-person hiatus where it recognized numerous achievements among industry members.

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Newsby News/Media ReleaseSeptember 12, 2022

New Vehicle Prices Top Records Five Months in a Row

The average price paid for a new vehicle in America now tops $48,000. Supply of popular segments – like subcompacts, hybrids and EVs – remain low.

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Newsby News/Media ReleaseSeptember 10, 2022

Dealers Auto Auction Group Buys VIP Atlanta Auto Auction

DAAG expands its footprint to nine locations throughout the Southeast.

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Newsby News/Media ReleaseSeptember 9, 2022

Fleet Sales Increase in August, YOY

Combined sales into large rental, commercial, and government fleets were up 14.6% year over year in August.

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Newsby News/Media ReleaseSeptember 9, 2022

Wholesale Used-Vehicle Prices Take Big Dip in August

Sales into commercial fleets were up 37% and sales into government fleets were up 28% last month compared to August 2021.

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Newsby News/Media ReleaseSeptember 9, 2022

Certified Pre-Owned Sales Rebound in August

Cox estimates that used retail sales increased 11% in August from July and that used retail sales were down 9% year over year.

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