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Newsby News/Media ReleaseMay 24, 2022

KAR Global Launches Enhanced Condition Reports for BacklotCars

The digital auction company is collaborating with Thoughtworks to expand capabilities, accuracy and transparency.

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Newsby News/Media ReleaseMay 21, 2022

Quarterly Auction Industry Metrics Point to Spring Bounce

Prices remained steady at already-elevated levels, and the conversion rate bumped up in March.

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Newsby News/Media ReleaseMay 20, 2022

Used Vehicle Supply Holds Steady as Asking Prices Rise

The average listing price at the end of April was $28,365, surpassing the $28,000 mark for the first time since December 2021.

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Newsby News/Media ReleaseMay 20, 2022

New Vehicle Affordability Declines in April

The trend continues to be much worse now than a year ago when prices were notably lower and incentives were higher.

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Newsby News/Media ReleaseMay 20, 2022

Used Vehicle Market Slows Down This Spring

Year to date, the total used-vehicle market is on pace to finish down more than 10% from 2021’s 40.6 million total.

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Articlesby Lauren FletcherMay 17, 2022

Maintaining Work Trucks with Resale in Mind

What is the top maintenance-related factor to worry about when resale is on your mind? What should you avoid spending money on? What matters the most?

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Newsby News/Media ReleaseMay 11, 2022

Black Widow Partners with Auto Auction Holdings

Orlando Longwood Auto Auction plans to install Black Widow Imaging to improve their customer experience.

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Newsby News/Media ReleaseMay 10, 2022

KAR Global Completes Sale of ADESA to Carvana

Used vehicle marketplace KAR Global has now sold all of its ADESA U.S. physical auction business to Carvana. KAR will continue to operate its online auction portal Openlane.

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Newsby News/Media ReleaseMay 9, 2022

CPO Sales Improve Slightly in April, Remain Behind 2021

The overall used-vehicle market is experiencing a weaker spring than expected

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Newsby Martin RomjueMay 9, 2022

IARA Tees Up Annual Summer Roundtable

The International Automotive Remarketers Alliance opens registration and releases a schedule for its conference that brings together consignors, auctions, dealers, and finance companies.

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