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Categories: Remarketing, Technology
Black Widow Sets Record with 100% YOY Growth in Image Sets Captured

Its auction segment began in 2019 and has led the two segments with triple-digit growth for three years .
Categories: Batteries/Tech, Electric, Electrification, Green Fleet
Stellantis, Samsung Partner on EV Battery Production

The Indiana plant to open in 2025 will employ 1,400 workers and produce a starting capacity of 23 gigawatt-hours with with plans to increase up to 33...
Categories: Auctions, Remarketing
KAR Global Launches Enhanced Condition Reports for BacklotCars

The digital auction company is collaborating with Thoughtworks to expand capabilities, accuracy and transparency.
Categories: Electric, Electric Vehicles, Electrification, Fleet, Green Fleet
Tesla, Ford Attract Most EV Buyers

The Ford F-150 Lightning, which just started deliveries to customers in March and is sold out, was the third most-shopped EV and the seventh overall among...
Categories: Auctions, Remarketing
Quarterly Auction Industry Metrics Point to Spring Bounce

Prices remained steady at already-elevated levels, and the conversion rate bumped up in March.
Categories: Remarketing, Used Vehicle Values
Used Vehicle Supply Holds Steady as Asking Prices Rise

The average listing price at the end of April was $28,365, surpassing the $28,000 mark for the first time since December 2021.
Categories: Remarketing, Used Vehicle Values
Used Vehicle Market Slows Down This Spring

Year to date, the total used-vehicle market is on pace to finish down more than 10% from 2021’s 40.6 million total.
Categories: Green Fleet, Mobility, Rental Operations, Shared Mobility
Nation’s Largest Zero-Emissions Public Carshare Program Launches in Twin Cities

Featuring over 100 vehicles and 70 charging stations, the Evie Spot Network is the nation’s largest public electric mobility program and represents more...
Categories: Auctions, Remarketing
KAR Global Completes Sale of ADESA to Carvana

Used vehicle marketplace KAR Global has now sold all of its ADESA U.S. physical auction business to Carvana. KAR will continue to operate its online auction...
Categories: Remarketing, Used Vehicle Values
CPO Sales Improve Slightly in April, Remain Behind 2021

The overall used-vehicle market is experiencing a weaker spring than expected

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