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2023 saw subtle yet significant shifts in the auto auction market based on key metrics.
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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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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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The slowing economy has driven average vehicle sale and floor prices past a turning point compared to last year.
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Auctions received vehicles from a more diverse stream of sources in the last quarter as data could be signaling some inflection points in the market.
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VP of client services Joe Miller, who has been a steady presence at industry conferences and events, takes on added roles at the auction data and management company.
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Keely Smith builds on 20 years of experience handling billing, compliance, and agreements as well as her involvement with the International Automotive Remarketers Alliance.
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The first year of accumulated metrics from AutoIMS consignors and auctions points to a continued supply chain squeezing vehicle prices and mileage higher.
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The latest quarterly report from AutoIMS underscores the trends steering the remarketing and auction industries.
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The company's second quarterly report in a row highlights key aggregate metrics for the auction industry.
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