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The National Independent Automobile Dealers Association was founded in 1946, and serves as the representative body for over 38,000 used vehicle dealers in the United States. It is the only national level non-profit organization representing the independent motor vehicle industry. It is headquartered in Arlington, Texas. [1]
Other than these exporters, most members are used vehicle dealerships that sell in Japan and are used by Japanese people to find a car they want. In Japan, there are over 30 well-known auto auction groups and over 200 auto auction locations throughout Japan. [4] Additionally, there are smaller auctions held for specialized items.
The wholesale price of used cars is falling off a cliff while the retail prices that car shoppers are paying is way up, suggesting dealers are making a killing while consumers are taking a bath ...
Used cars: Revenue: US$10.8 billion (2023) Net income. US$450 ... the nation’s second-largest wholesale auto auction chain, for $2.2 billion to increase its real ...
Wholesale used car prices dropped by 4.2 percent from May to June, marking the largest monthly decrease since the start of the COVID-19 pandemic, according to the Manheim Used Vehicle Value Index ...
Used-car prices started coming down from their pandemic-inspired highs in the latter half of 2022, then started climbing again in January 2023. ... when wholesale used-vehicle prices went up 2.5 ...
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