RSS Remarketing News

  • Used-car depreciation to accelerate
    Vehicle depreciation will reach 17.8 percent this year, up from 17.3 percent in 2016 and toward the high end of pre-recession annual depreciation, a report says.
  • Ohio collector to auction 700 antique, classic cars in mid-July
    When Ron Hackenberger was 15, he borrowed money from his grandfather to buy his first car: a 1948 Studebaker. Then he kept buying. In July, the 81-year-old collector will auction about 700 other vehicles.
  • Conn. auction bill 'deader than dead'
    A proposed Connecticut bill that would have required auctions to post their fees conspicuously has been dropped from consideration following pushback from local auction houses, according to a proponent of the bill.
  • Auction houses cope with crowded lots
    Investments in technology and analytics help auctions move vehicles through the system faster, but the remarketing industry should not lose sight of the importance of asphalt, says Tom Webb, Manheim chief economist.
  • CarMax opens first four-lane auction on West Coast
    CarMax opened a vehicle reconditioning and four-lane auction center in Murrieta, Calif., on Thursday, making it CarMax's largest multipurpose location on the West Coast, the used-vehicle mega-retailer said.
  • First Shift: GM's Q4 earnings, margins slip
    GM's Q4 earnings, margins slip; Honda-Hitachi motor venture; Tesla fights Trump travel ban; Rival sues CDK, Reynolds; Safety groups sue over CPO policy; Upscale U.S. Chinese cars?

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