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Kontos Kommentary for May 2019

Kontos Kommentary for May 2019


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Summary It would appear that the 2019 spring/tax season market started later but lasted longer than other years, as average wholesale prices were up on both a month-over-month and year-over-year basis in May. Retail used vehicle sales, including CPO sales, provided demand-side support for wholesale values. Details According to ADESA Analytical Services’ monthly analysis of...
VIDEO: Kontos Kommentary for April 2019

VIDEO: Kontos Kommentary for April 2019


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Summary The spring/tax season market reached full-bloom in April as average wholesale prices reached what will likely be peak or near-peak levels for the year based on historical seasonal trends. Car prices moved in parity with truck prices overall on a month-over-month basis and showed particular strength in the off-lease segment at physical auctions. Watch...
VIDEO: Kontos Kommentary for March 2019

VIDEO: Kontos Kommentary for March 2019


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Summary Average wholesale prices and retail used vehicle sales were strong in March, typifying the usual spring/tax season market uptick.  In addition, our analysis increasingly indicates that prices for car segments are beginning to hold up better, while crossover and SUV truck segments may be starting to have a tougher go. In recent years, the...
Q&A with ARC 2019 Remarketing’s Under 40 Honoree Hilton Lee

Q&A with ARC 2019 Remarketing’s Under 40 Honoree Hilton Lee


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This is a guest post by Wesley Kent, VP of programs and operations for ADESA Canada. During the 2019 Auto Remarketing Canada (ARC) Conference, I had the pleasure of congratulating ADESA Canada Engineering Manager Hilton Lee on his much-deserved recognition during the Remarketing’s Under 40 awards luncheon. I recently spoke with Hilton to learn more...
ADESA Heading to Las Vegas for CAR 2019

ADESA Heading to Las Vegas for CAR 2019


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On March 26–27 at the iconic Caesar’s Palace in Las Vegas, ADESA and the auction industry at large will gather for the annual Conference of Automotive Remarketing (CAR). Organized with the National Auto Auction Association (NAAA) and International Automotive Remarketers Alliance (IARA), CAR 2019 will comprise over 500 remarketing professionals and consist of industry networking,...
Q&A with 2019 Profiles in Leadership Honoree Lynn Martin

Q&A with 2019 Profiles in Leadership Honoree Lynn Martin


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This is a guest post by Gregg Maidment, senior vice president, Canadian operations at ADESA.  During my time with ADESA Canada, I’ve gotten to know Regional HR Manager Lynn Martin very well and have seen firsthand the passion and dedication she has devoted to her career. That’s why it came as no surprise when I...
VIDEO: Kontos Kommentary for February 2019

VIDEO: Kontos Kommentary for February 2019


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Average wholesale prices were relatively flat in February, as opposing forces largely canceled each other out. To be more specific, overall car price declines were more than offset by truck price gains; and off-lease price strength was largely offset by softer prices elsewhere. Within the off-lease segment, the “take-rate” of midsize cars purchased upstream may...
Q&A with ARC 2019 Remarketing’s Under 40 Honoree Dan Leslie

Q&A with ARC 2019 Remarketing’s Under 40 Honoree Dan Leslie


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This is a guest post by Wesley Kent, VP of programs and operations for ADESA Canada.  Every year during the Auto Remarketing Canada (ARC) Conference, an awards luncheon is held to honor the publication’s Remarketing’s Under 40 honorees. I’m proud to say that two members of ADESA Canada were selected to this prestigious list in...
ADESA Canada Prepares for Two Industry Conferences in Toronto

ADESA Canada Prepares for Two Industry Conferences in Toronto


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ADESA Canada is gearing up for not one, but two great industry conferences—Auto Remarketing Canada 2019 and the Women & Automotive Canadian Leadership Forum—all within a three-day span at the beautiful Westin Harbour Castle hotel in downtown Toronto. From speaking engagements to awards ceremonies, we’ll be highly involved in both events as we celebrate the...