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Record high wholesale prices reflect tight used inventory, strong sales

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The cost per unit to purchase inventory for the used car lot continues to increase as the second quarter of 2021 kicks off. The...

KAR Global makes digital waves by acquiring BacklotCars

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KAR Global announced a definitive agreement to acquire BacklotCars Inc. According to a KAR Global, the deal is still subject to certain regulatory approvals...
EBlock

How EBlock is Bringing Auctions into the Future by Combining Traditional...

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Recently, the CBT Automotive Network was on-location at NADA 2020 in sunny Las Vegas where host Jim Fitzpatrick spoke with Jason McClenahan, President and...
wholesale

What an Increased Demand in Used Vehicles Means for Your Dealership’s...

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It’s no secret to anyone that vehicle affordability issues continue to arise, and that means more customers are looking to purchase used cars. Here...
digital tools

NADA 2019: Manheim, Ed Berkowitz

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Ed Berkowitz, Vice President of Product Management at Manheim, joined us on stage at the NADA 2019 Show. We spoke with him about the buzz circulating around wholesale,...