ORLANDO, Fla. -

Auction volume this year will likely exceed 9 million units and climb 7 percent over 2014 numbers, according to National Auto Auction Association economist Ira Silver.

During a presentation at the association’s convention last week in Orlando, Fla., Silver said auction volume should reach 9.3 million units for 2015, followed by 4-percent growth and 9.7 million units for 2016.

Meanwhile, the past two years have been interesting in the sense that both commercial and dealer consignment have increased, Silver said. And last year marked the first time in six years that commercial consignment climbed at a higher clip the dealer consignment.

Silver expects commercial consignment “to continue strong into 2016” and likely for years to come. As for dealer consignment, Silver is projecting “slower growth, but still positive” movement.

Elsewhere at NAAA, Auto Remarketing was provided a copy of the midyear issue of Pulse from ADESA Analytical Services.

That report indicates that year-to-date auction sales volume for dealer consignors is up 5.2 percent through June, while OEM sales at auction are up 52.2 percent and fleet/lease/other is up 5.8 percent.*

Another interesting tidbit from Pulse on auction volume was a chart at the back of the wholesale section of the book.

The chart lists 11 indicators (seven from the new-car side, four from the used-car market). With each indicator is the latest movement or trending within that indicator and the impact it has on remarketing volumes and prices, respectively.

Looking solely at the remarketing volume column, seven of the 11 indicators had positive impacts on volume. Here’s an abridged version to recap the volume-specific data ADESA provides.

Listed below are the 11 indicators, their latest movement or trend and the remarketing industry implication on volume. **

New-Vehicle Sales (Indicator: Latest Movement, Implication on Volume)
Retail Sales: Up, Positive
Fleet Sales (e.g. rental cos.): Up, Positive
Leasing: Up, Positive
Inventories: Up (modestly), Positive
Incentives: Stable, Negative
Dealer Profits: Down, Negative
Transaction Prices: Up, Positive

Used-Vehicle Sales (Indicator: Latest Movement, Implication on Volume)
Retail Sales: Up, Positive
Retail Prices: Up, Positive
Inventories: Up, Negative
Dealer Profits: Down, Negative

SOURCE: ADESA Analytical Services

**Note: ADESA notes in the report that remarketing impacts “may occur in future periods or span multiple periods and fluctuations within those periods are expected.”

*Note: The Pulse numbers are generated via AuctionNet data, report authors indicate, noting that these numbers could differ from what the National Auto Auction Association’s annual auction industry survey generates.