Quarterly Auction Industry Metrics Point to Spring Bounce
Prices remained steady at already-elevated levels, and the conversion rate bumped up in March.
May 20, 2022
Prices remained steady at already-elevated levels, and the conversion rate bumped up in March.
May 20, 2022
The average listing price at the end of April was $28,365, surpassing the $28,000 mark for the first time since December 2021.
May 20, 2022
The trend continues to be much worse now than a year ago when prices were notably lower and incentives were higher.
May 20, 2022
Year to date, the total used-vehicle market is on pace to finish down more than 10% from 2021’s 40.6 million total.
May 19, 2022
Orlando Longwood Auto Auction plans to install Black Widow Imaging to improve their customer experience.
May 11, 2022
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.
May 10, 2022
The overall used-vehicle market is experiencing a weaker spring than expected
May 9, 2022
The International Automotive Remarketers Alliance opens registration and releases a schedule for its conference that brings together consignors, auctions, dealers, and finance companies.
May 8, 2022
After including dealer and manufacturer fleet sales, the total fleet share of all sales was 14%, up 2% from April 2021's fleet share.
May 6, 2022
Combined sales into large rental, commercial and government buyers were up over 4% year over year in April.
May 6, 2022
The Northern California operation is recognized for setting a standard of excellence for the auction industry.
May 5, 2022
On the strength of its new recharge-branded models, Volvo plants an electric flag in the landscape of the mobility industry.
May 1, 2022
The two-day extravaganza of the Maryland operation spanned a gala evening, a mass vehicle auction, fireworks, and local accolades.
April 28, 2022
Carvana’s Ernie Garcia and Parkmyfleet CIO Kristin Slanina will bring their latest insights for consignors and auctions at the International Automotive Remarketers Alliance annual Summer Roundtable.
April 28, 2022
CAR 2022 IARA Session: A crisis, trial, setback, or challenge — you can’t change the conditions, but you can summon the circumstances, a veteran U.S. Army Ranger tells a conference of vehicle remarketers.
April 21, 2022
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