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 ...

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 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 ...

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 ...

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

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 ...

Yahoo Finance’s Brian Sozzi and Julie Hyman speak with ACV CEO George Chamoun about the company's public debut and outlook. BRIAN SOZZI: Wholesale car auction platform ACV Auctions debuts today over ...

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 ...

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 ...