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January 9, 2017 - Industry News

Wholesale Used-Vehicle Prices Increase in December, Manheim Reports

Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis increased by 0.2% in December, according to Manheim. Compared to December 2015, the Manheim Used Vehicle Value Index declined 0.6% to 124.9.

Tags: Manheim, Useve Vehicles, Wholesale, Wholesale Pricing

September 28, 2016 - Industry News

Black Book: Car Depreciation Shows Signs of Slowing

The car segment retained its value well last week, with the wholesale value of 2008-2014 model-year cars decreasing by 0.68% last week. This was in line with the 0.67% decline the segment has experienced over the last six weeks, according to Black Book’s Market Insights report.

Tags: Black Book, depreciation, Wholesale, wholesale values

September 7, 2016 - Industry News

DealersLink Expands Into Illinois as Part of Nationwide Rollout Plan

DealersLink announced this week it has expanded into Illinois. According to the company, it is aggressively signing on new dealerships in Illinois and plans further expansion into other Midwest markets.

Tags: DealersLink, technology, Wholesale

August 25, 2016 - Industry News

Black Book: Wholesale Car Values Falling at Fastest Pace This Year

The wholesale value of 2008-2014 model-year cars continued to fall last week, according to Black Book’s Market Insights report. While many of the familiar trends — trucks performing better than cars — were present, there were some outliers.

Tags: Black Book, depreciation, Wholesale, wholesale values

September 22, 2015 - Industry News

Vehicles on Manheim’s Digital Platform Gain Higher Auction Values

A study of Manheim’s online wholesale vehicle marketplace, called OVE.com, found that vehicles posted to the site retain a higher auction value than those that are re-run through the physical lane.

Tags: Auto Auctions, DealShield, Manheim, Online Marketplace, Wholesale

September 8, 2015 - Industry News

AutoNation Will No Longer Sell Cars With Open Recalls

AutoNation has announced a new policy to not sell, lease or wholesale any new or used vehicle that has an open safety recall. The dealer group will now hold those vehicles in inventory until they are repaired.

Tags: AutoNation, vehicle recall, Wholesale

October 9, 2012 - Industry News

September Wholesale Prices Fall Flat, ADESA Reports

Wholesale used-vehicle prices in September were flat with August and down from a year ago, an indication that the market has stabilized since prices softened this past spring, ADESA’s Tom Kontos says.

Tags: ADESA Analytical Services, Tom Kontos, Wholesale

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