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 ...
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 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 ...
The automotive industry continues to evolve at a remarkable pace. Every operator, from independent dealerships to large retail groups, is challenged to run leaner, think strategically, and protect ...
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 ...
If you buy a used car off a dealership lot, it might have gotten there as a trade-in. But there’s about a 50% chance it got there by way of a wholesale auction, according to the industry tracking ...
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.
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 ...