Hyundai Motor America will start posting all of its dealerships' certified pre-owned vehicles for sale on Carfax's used-vehicle listings.
In this Q&A, new ADESA President John Hammer discusses future changes in the industry and how his company will thrive amid those changes.
John Hammer will spend his first weeks as new ADESA president on the road, before laying out new goals for the U.S. auto auction network.
Dealers will have more used SUVs and crossovers to sell in 2018, but the greater supply coming off lease may also squeeze margins and volume on vehicles.
A flood of off-lease vehicles, including SUVs and crossovers, and other factors will make it more difficult for automakers to offer tempting lease deals.
Net income at KAR Auction Services, ADESA's parent, soared in the fourth quarter because of a special gain related to the changes in federal corporate taxes.
Costco is working with new-vehicle dealerships to expand its members-only discount program beyond auto purchases to service and parts sales. More than 900 franchised dealerships are enrolled in the warehouse club's service and parts plan.
Used-vehicle sales will grow modestly to 39.5 million units in 2018, driven by a more desirable mix of off-lease vehicles and consumers with more take-home pay.
Manheim will extend rapid introductions of digital enhancements into 2018, as the technology race among auctions rages.
The most challenging environment in 2018 may be for independent dealers specializing in older used vehicles, which are in relatively short supply.