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Newsby News/Media ReleaseAugust 21, 2024

Penske Used Trucks Reveals New Auction Website

The platform will feature a range of vehicles, including light- and medium-duty trucks, heavy-duty tractors, semi-trailers, and specialized equipment.

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Newsby Martin RomjueJanuary 26, 2024

Auction Industry Report Shows Q4 Wrapped Up a Pivotal Year

2023 saw subtle yet significant shifts in the auto auction market based on key metrics.

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Newsby Martin RomjueNovember 1, 2022

Wholesale Vehicle Market Climate Heads Into a Cooldown

The slowing economy has driven average vehicle sale and floor prices past a turning point compared to last year.

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Articlesby Martin RomjueSeptember 23, 2022

Useful Facts and Insights Derived from Remarketing Data

IARA Summer Roundtable: Auto sales and transactions reap more stats, info, and input than ever, but it’s not useful unless you can apply it to business.

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Articlesby Martin RomjueSeptember 22, 2022

Data Security Now a Must-Do for Companies — Forever

IARA Summer Roundtable: Cyber threats are multiplying in numbers and types as organizations scramble to catch up on protections.

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Articlesby Martin RomjueSeptember 14, 2022

The Realities Intruding on Mass Electrification

A panel at the National Auto Auction Association convention delves into the emerging challenges facing adoption of electric vehicles.

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Newsby Martin RomjueJuly 29, 2022

Car Market Shows Signs of More Buyer-Seller Balance

Auctions received vehicles from a more diverse stream of sources in the last quarter as data could be signaling some inflection points in the market.

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Newsby Martin RomjueFebruary 28, 2022

Auction Edge Details Market Outlook for Independents

CAR 2022: The Conference of Automotive Remarketing panel will share perspectives on how independent auctions are handling challenges in a new industry environment.

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NewsDecember 2, 2021

Why Are Vehicle Transportation Costs Going Up?

Analysis: On one automotive marketplace that connects shippers and transporters, the carrier cost per mile increased nearly 18% from 2019 to 2021.

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Newsby Martin RomjueOctober 26, 2021

Auction Vehicle Volume Falls While Prices Hold High and Steady

The latest quarterly report from AutoIMS underscores the trends steering the remarketing and auction industries.

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