2023 saw subtle yet significant shifts in the auto auction market based on key metrics.
Auction Vehicle Sales Up, Quality Down in First Quarter
A widespread auction data report points to the key question of: will the overall upside market last?
A widespread auction data report points to the key question of: will the overall upside market last?
A recent auction industry quarterly report shows a mix of up and down indicators that add up to more market balance.
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.
VP of client services Joe Miller, who has been a steady presence at industry conferences and events, takes on added roles at the auction data and management company.
Keely Smith builds on 20 years of experience handling billing, compliance, and agreements as well as her involvement with the International Automotive Remarketers Alliance.
The first year of accumulated metrics from AutoIMS consignors and auctions points to a continued supply chain squeezing vehicle prices and mileage higher.
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.
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