Wholesale prices didn’t move much in September, and trends seen throughout the course of the year continued to prove true this past month. The monthly analysis of wholesale prices by  ADESA Analytical Services indicates that used rates were “relatively flat” in September, as car prices continued to fall and truck prices were on the way up in light […] [Read More]

Investment observers asked Cox Automotive economist Tom Webb why wholesale prices aren’t softening, given how volume is on an upward track and likely to gain steam next year when even more off-lease units fill the lanes. Webb countered by sharing not only what’s going within showrooms, but also moves by used-car managers at both physical […] [Read More]

On Thursday afternoon, in the Philadelphia-area town of Mount Laurel, N.J.  — where ARI is headquartered — it was 73 degrees, according to The Weather Channel’s website, with temperatures expected to hit 80 on Friday before dipping down into the 60s and below over the weekend. None of that compares to what Bob Graham has […] [Read More]

On Wednesday, the Twitter feed of the South Carolina Emergency Management Division was filled with retweets, photos and other messages informing Palmetto State residents of deceptively deep waters behind road barricades, curfews, water distribution centers and ways to help victims of the flooding that has devastated the Carolinas in recent days. No doubt the devastation […] [Read More]

While Volkswagen’s TDI models carry a higher initial price tag and historically tend to hold their values longer than their gasoline-powered counterparts, it appears as though that price gap is closing as the seemingly perpetual flow of news involving the company’s diesel emissions scandal continues to circulate. That certainly appears to be what's happening in the […] [Read More]

Leaves might be starting to fall as autumn deepens, but Manheim spotted that wholesale used-vehicle prices (on a mix-, mileage- and seasonally adjusted basis) climbed for the fourth consecutive month in September. The upward movement brought the Manheim Used Vehicle Value Index to a reading of 124.8, representing an increase of 2.8 percent from a […] [Read More]

The National Auto Auction Association has elected its vice president for 2015-2016, finalizing its executive board for the term. Chosen for the position is Warren Clauss, who has been general manager at ADESA Buffalo since 1996. Clauss, who was elected at the association’s convention last month, serves along president Mike Browning and president-elect Jerry Hinton. […] [Read More]

Dealers looking for cars at auction should be able to make quick and “better-informed” decisions with an integration that brings Carfax data and insights to vAuto’s Provision and AuctionGenius products. That’s according to a news release Tuesday announcing a deal for Carfax Advantage dealers using those two tools to receive instantaneous views of reported accident […] [Read More]

NAAA member auctions now have access to a new safety program. The National Auto Auction Association along with KAR Auction Services, Inc. —  parent company to ADESA — announced Tuesday that KAR has licensed its Safe T. Sam safety program for use by NAAA-member auctions. Now, through NAAA, all member auctions will have access to a variety […] [Read More]

Both cars and trucks are seeing softening prices in the lanes as the industry enters the fall market in full swing. And though Black Book editors noted that depreciation patterns for cars and trucks have remained “constant” over the past several months — with most car segments experiencing stronger depreciation than trucks — there are […] [Read More]