The slowing economy has driven average vehicle sale and floor prices past a turning point compared to last year.
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.
The latest quarterly report from AutoIMS underscores the trends steering the remarketing and auction industries.
The company's second quarterly report in a row highlights key aggregate metrics for the auction industry.
Auctions, consignors, and transporters can use a new, connected mobile application that helps tighten the chain of custody, ease communication, and create transparency.
The partnership and API integration will allow Acertus to connect to AutoIMS as a logistics provider, connecting automotive auction and consignment shippers to capacity of pre-approved, vetted carriers representing 20,000 trucks.
The Manheim Adjusted MMR is a wholesale vehicle valuation rating that includes aspects such as a vehicle’s AutoGrade condition, exterior color, mileage, and region.
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