Mecum Auctions is now accepting cryptocurrency for payment via BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services. The ability to accept cryptocurrency enables Mecum to attract new…
ADESA announced new general managers at seven U.S. and Canadian locations: Carly Bishop at ADESA Pittsburgh, Terry Costner at ADESA East Tennessee, Ryan Hellemn at ADESA Nashville, David Skiver at…
Current used retail listing volume is about 14% below the start of the year, but the inventory levels stabilized in the last four weeks. Days-to-turn have been decreasing since the…
HyreCar, a carsharing marketplace for ridesharing and food/package delivery services, reported strong financial results and provided a corporate update for the first quarter March 31, 2021. Revenue was $7.45 million,…
Autotrader recently named the 10 Best Cars for Recent College Graduates with a focus on value, fuel economy, safety and reliability. All vehicles on this year’s 10 Best Cars for…
The National Association of Public Auto Auctions has changed its name to National Independent Auction Association. The group said the change was driven by the need to become more inclusive…
Solera Holdings will acquire Omnitracs, a complete fleet management platform, and DealerSocket, a SaaS provider to the automotive industry. These acquisitions will strengthen Solera’s position as a data intelligence and…
Penske Automotive Group announced that Michelle Hulgrave, the company’s senior vice president and corporate controller, has been named executive vice president and chief financial officer, effective June 1. Hulgrave will…
New research conducted by Kelley Blue Book indicates consumers looking for a new automobile are expecting to be greeted by limited choices and high prices. The research, which involved surveying…