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 ...

The popularity of salvage car auctions has increased recently because of their distinctive viewpoint on the business and environmental elements of the automobile industry. These auctions, in which the ...

An auto auction lot can be the mother lode for a vehicle parts thief. The lots have variety: clusters of used makes and models of multiple ages spread over several acres that may not always be ...

As dealers buckle down on their used-vehicle acquisition practices in 2023 in the face of shifting demand and declining profitability, leaders of online wholesale auction companies sense a ripe ...

With a market share of roughly 40%, Copart is the king of auto auctions. The company’s competitiveness is supported by its multiple locations (both domestic and international) and the size of its new ...

This Audi R8 recently went under the gavel at an online auction stateside, fetching $55,000, and that's less than you'd have to pay for a brand new Toyota GR Supra ($56,900 MSRP). According to ...

Copart, Inc. CPRT holds online auctions for salvage and clean-title vehicles. It also offers a wide range of remarketing services. The company is currently struggling with rising operating expenses ...