
Topics mentioned in today's video includes an outlook of U.S. economic conditions; strong auction sales for the month of July; and a forecasted increase in vehicles in the wholesale used-vehicle market, putting downward pressure on prices.
Topics mentioned in today's video includes an outlook of U.S. economic conditions; strong auction sales for the month of July; and a forecasted increase in vehicles in the wholesale used-vehicle market, putting downward pressure on prices.
Topics mentioned in today's video includes the recovery of the commercial fleet market; resurgence of COVID-19 uncertainty; fuel price trends; strong demand in the wholesale resale market; the reopening of in-lane auction bidding; and CARBs new mandate for zero-emissions trucks.
The industry quickly turned to online services when the pandemic hit, utilizing digital-only sales, which ultimately kept the industry from halting completely.
Topics mentioned includes the state of the wholesale used-vehicle market; how an increase in employment will boost demand in the used-vehicle market; and sales activity at auctions starting to pick up.
Given how the COVID-19 pandemic has evolved, the company has extended its Simulcast-only sales past its original April 3 end date.
TradeRev cut down vehicle delivery times by nearly 50% in the first half of 2019. The company is now on pace to deliver cars within 100 miles in two days
KAR Auction Services Inc. has rebranded and will begin doing business as KAR Global, the company announced.
Manheim and Adesa auctions in the path of hurricane Dorian mostly shifted to digital sales on Thursday as the storm drenched the Carolinas and Virginia.
The nation's largest wholesale vehicle auctions, including Manheim and Adesa, have shifted to digital-only auctions and taken other precautions to protect the facilities from Hurricane Dorian's possible landfall later this week.
Several thousand vehicles that were flooded and damaged during tropical storm Barry may reappear for sale across the country in the coming months, warns the National Insurance Crime Bureau.