Carleton — Hundreds of used vehicles rolled through the auction aisles of Manheim Detroit on Thursday as dealers in person and online scrambled to make their bids to shore up inventories in ...
Used-car prices, which analysts are watching for signs of more general price inflation, edged higher again. The trend mirrors higher new car prices, too. A computer chip shortage has cut into new-car ...
Inventories are holding steady month-to-month in both used heavy-duty trucks and trailers, but compared to last year, there’s a clear decline in available units, according to a report from Sandhills ...
The wholesale auction landscape is undergoing a transformation as the business grapples with a major digital shift, new competitors, defecting dealer customers, shrinking vehicle inventories and ...
Used-car prices have dropped for 25 straight weeks — see if this rare trend means it’s the perfect time to score a deal on ...
If you're looking to buy a van, you've probably come across van auctions. Van auctions are where most traders source their stock from - and traders are in business to make a profit. This means that ...
The number of semiconductors in a modern car, from the ignition to the braking system, can exceed a thousand. As the global chip shortage drags on, car makers from General Motors to Tesla find ...
The used-vehicle auction business learned one overarching lesson in 2020 — in-person auto auctions are not going away anytime soon. As the COVID-19 pandemic swept the nation, used-car auctions were ...
Used-car prices have surged along with new-vehicle prices, since the pandemic and the current shortage of new vehicles. The recent decline in wholesale, used-vehicle prices — hinting, perhaps, at some ...
Used-car auctions are crowded affairs these days, with a new kind of buyer competing against dealers and retailers like CarMax and Carvana. The new entrants: rental-car companies, starved for product ...