Wholesale vehicle sales continue ‘gradual shift’ online & include more EVs

The wholesale vehicle market has emerged out of COVID with a few new wrinkles, some driven by the pandemic itself and some happening coincidentally.

For instance, more electric vehicles are making their way into the wholesale market, a trend likely applicable to the latter.  Even more pronounced than a rise in EVs is the increased digitization of the market, a phenomenon more applicable to the former.

In data sets, presentations, interviews and calls with the media this summer, leading executives and analysts ...