The latest quarterly report from AutoIMS underscores the trends steering the remarketing and auction industries.
Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.
The automotive remarketing sector is seeing big changes due to an increased use of technology, evolving vehicle mix and shifting expectations from buyers and sellers.
The IARA Summer Roundtable conference balanced a look back at successes while confronting industry challenges ahead.
The Conference of Automotive Remarketing will feature examples of auction companies that not only survived the decreasing vehicle volumes during the pandemic but expanded their business.
Knowing how to sell a truck at an auction is critical in effective remarketing. Understand the process to make the most out of your truck's lifecycle.
Despite a rollercoaster year, demand for trucks is strong — so strong that it is expected to outpace supply. This is refiring an interest in both buying and selling used units.
According to Manheim, wholesale used vehicle prices increased 5.74% in the first 15 days of May compared to the month of April. New and used retail vehicle sales show substantial gains from March’s free fall.
Manheim's president who oversees the inventory solutions unit offers thoughts on fleet mobility services, bringing artificial intelligence to inspections, and the company's diversification strategy.
The passenger car segment was a main contributor to the the rise in used-vehicle prices in 2018.
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