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Categories: Remarketing, Used Vehicle Values
Total Used Vehicle Sales Dip Again YOY in August

Tight vehicle inventory continues to vex the auto industry while high prices deter buyers.
Categories: Fleet, Remarketing
New Vehicle Inventory Drops, But Availability Steadies

Despite lower production, there are more vehicles ready to be sold due to sales losing momentum since June.
Categories: Fleet, Remarketing
New-Vehicle Prices Surge to Record Highs -- Five Months in a Row

But sales are declining as car shoppers face limited inventory, high prices and historically low incentives.
Categories: Fleet, Operations, Remarketing
Dealer Sentiment Positive Despite Auto Supply Squeeze

The profit index sets another record high, while the price pressure index increased modestly.
Categories: Remarketing, Used Vehicle Values
Wholesale Used Vehicle Price Trend Reverses Course in August

The sales conversion rate also increased last month and ended at a level higher than typical for August, indicating buyers have become more aggressive than...
Categories: Fleet, Remarketing
Fleet Sales Fall Slightly While Rental Car Sales Come Back

August figures show sales into rental increased 118% year over year in August and are up 7% compared to the same time period last year.
Categories: Auctions, Operations, Remarketing
Private Equity Firm Buys Majority Stake in XLerate Group

The automotive remarketing sector is seeing big changes due to an increased use of technology, evolving vehicle mix and shifting expectations from buyers...
Categories: Alternative Fuels, Auctions, Batteries/Tech, Electric, Electric Vehicles, Electrification, Green Fleet, Operations, Remarketing, Sustainability, Technology, Used Vehicle Values, Vehicle OEM, Vehicle Research
Cox Automotive Starts Plan to Evaluate Used EV Batteries

The third-party battery health diagnostic tool will strive to become the industry standard to assess the condition and value of EV batteries.
Categories: Auctions, Electric Vehicles, Remarketing, Vehicle Research
Automotive Remarketers Pivot To A Third Decade

The IARA Summer Roundtable conference balanced a look back at successes while confronting industry challenges ahead.
Categories: Operations, Vehicle Research
Dealership Profits Reach Record High Amid Tight Vehicles Sales Market

A recent quarterly report from Haig Partners shows that buy-sell activity among auto dealerships has exploded, leading to "empty lots and overstuffed wallets."

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