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IARA 20th Anniversary Issue: Chairman and immediate past President Paul Seger and current President Jeff Bescher see positive signs of a more stable vehicle marketplace ahead.
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IARA 20th Anniversary Issue: The alliance's newly installed President reviews how the organization grew over the past two decades and now sets an active industry agenda.
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IARA 20th Anniversary Issue: Two founders of the IARA recount its two-decade record of accomplishment that creates even more potential.
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The deal will allow the operation to apply its blueprint and roadmap in southeastern Ohio.
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Vehicles that were taken out of commercial, government, and daily rental fleets and sold at auction in July were worth 8.1% more than they were a year ago and 0.4% more than in June, according to Tom Kontos, KAR Auction Services' chief economist.
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Off-lease vehicles from fleet consignors in the rental, commercial, and government sectors increased 2.3% in April from March and increased 5.8% from a year ago, according to analysis from KAR Auction Services.
Read More →Prices for vehicles from fleet lease consignors increased 6.6% in March and are 4.9% higher than a year ago driven in part by a strong spring selling season that boosted the values significantly from February levels, according to KAR Auction Services.
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Average wholesale prices for fleet lease vehicles were down 1.9% month-over-month, but up 0.4% year-over-year, according to Tom Kontos, KAR Auction Services' chief economist.
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Wholesale prices for used vehicles from fleet lease consignors fell 2.3% in November from October, but were 0.8% up from a year ago, according to Tom Kontos, the chief economist for KAR Auction Services.
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Wholesale prices for fleet lease consignor vehicles fell 1.6% in October from the prior month and 4.5% higher than a year ago, Tom Kontos said in his monthly commentary.
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