The wholesale auction landscape is undergoing a transformation as the business grapples with a major digital shift, new competitors, defecting dealer customers, shrinking vehicle inventories and ...

As for commercial sales, data show nearly 32% year-over-year and 4% month-over-month increases in two-year-old commercial ...

As the lines between the retail and wholesale car markets merge, blur and otherwise crisscross, auto auction companies are paying attention and readying themselves. It’s certainly top of mind for the ...

Brad Francis, a used car manager for a big So Cal Ford dealer, checks out value of a vehicle on his SmartPhone before the start of auction at Manheim So. Cal. Auto Auction in Fontana If you’ve bought ...

Auction sales of 2-year-old vehicles from commercial consignors climbed nearly 32% year-over-year in November and beat ...

ADESA Clear to add Selection, Features, and Geographic Reach in 2025 PHOENIX, February 04, 2025--(BUSINESS WIRE)--ADESA, a leader in wholesale auto, today announced plans for the continued expansion ...

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has ACV Auctions Inc. (ACVA) been one of those stocks ...

ACV Auctions, a mobile platform for wholesale car auctions, announced terms for its IPO on Monday. The Buffalo, NY-based company plans to raise $314 million by offering 16.6 million shares at a price ...

ACV Auctions, a mobile platform for wholesale car auctions, filed on Friday with the SEC to raise up to $100 million in an initial public offering. ACV Auctions provides a digital marketplace for ...

BUFFALO, N.Y. — A pair of University at Buffalo grads has launched a company that links mobile technology with the hectic, grimy “old boys business” of wholesale automotive auctions. And it’s a hit.

A sign advertises cash paid for used cars. Used-vehicle prices at wholesale, dealer-only auctions in December 2021 ended the year an eye-popping 48.1% higher on average than December 2019, before the ...