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Moving electric vehicles through consignor and auction channels requires a better understanding of their unique attributes and potential.
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Industry data and economic experts emphasize the need to focus on the facts and long-term trend lines as media coverage and political messaging may not always interpret the information accurately.
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ARA Summer Roundtable: An automotive expert and forecaster balances the timelines of innovations that will eventually produce better market data and efficiency tools for the vehicle remarketing sector.
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Clients who rely on MMR can now benefit from even more precise vehicle values that account for high-value options like heated seats, adaptive cruise control, and more.
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While interest rates are still high, residual values have recently declined by as much as 20%. Learn how fleets can mitigate these effects and ease ownership costs.
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Analysis: The actions of the UAW will reverberate through the larger auto business, but nowhere near what was experienced in April 2020. Sales into fleet could suffer in 4Q if a strike is wide and persists. Rental car companies may return to the used car market like they did in 2021 and 2022, driving prices higher.
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A widespread auction data report points to the key question of: will the overall upside market last?
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Openlane will serve as both the parent company brand and the market brand for the company’s digital marketplaces in the U.S., Canada and Europe.
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A recent auction industry quarterly report shows a mix of up and down indicators that add up to more market balance.
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Online wholesale vehicle remarketer ADESA Europe will grow its reach into Denmark, Finland, Iceland, Norway and Sweden.
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