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Used-vehicle auctions have started resuming regular business hours following the effects of Hurricane Florence, which had less of an impact on the U.S vehicle market than Hurricanes Harvey and Irma in 2017.
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Several North Carolina used vehicle auctions closed as a result of Hurricane Florence sweeping into the state, while others shifted to online sales or delayed on-site sales.
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The initiative began in 2014, when the company first announced that its $400 million multiple-year project to transform its auction operations. In that time Manheim brought enhancements to both its physical and digital properties.
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United Kingdom-based Jardine Motors has signed a three-year deal with British Car Auctions (BCA) to remarket roughly 20,000 vehicles a year.
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As we look back at 100 years of Chevy truck history, here's a gallery of the nine most expensive Chevrolet trucks sold at Barrett-Jackson auctions to date.
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Nearly 1,600 of KAR’s 17,400 employees are located in Indiana, and the new location provides space for an additional 400 jobs.
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The tax season had a late start in the southwest market. The boost in sales — which has been described as a steady increase as opposed to a spike this year — that auctions typically begin to see in February did not arrive until March.
Read More →Copart, Inc. has opened its sixth location in Brazil, according to a company announcement. Its sixth location will be located in Betim, Minas Gerais and will offer a wide selection of salvage and used vehicles, the company noted.
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Analysts at Kelley Blue Book reported that average values for one- to three-year-old pickup trucks have remained strong as a result of high demand at auction, despite fuel prices peaking in December 2016.
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By implementing one or two new strategies — such as timing sales based on mileage or seasonality, expanding sales channels, or considering purchasing options — small fleet operators can return more money to their fleet’s bottom line.
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