Tuesday, 30 June 2020 19:44

100,000-Plus Auction Sales for 3 Straight Weeks

Written by Joe Overby, Auto Remarketing


Looking at the full year, Cox Automotive is projecting in its CAMIO Flipbook there will be 16.8 million vehicles wholesaled in 2020, compared to 16.1 million a year ago.


Among the wholesale outflow channels, the company is projecting 10.2 million to be in traditional auctions, compared to 10.3 million last year.


Off-site/digital is expected to climb from 1 million to 1.1 million and direct-to-dealer/dealer-to-dealer is projected to come in at 4.9 million, up from 4.8 million.


Commercial direct-to-consumer is expected to remain at 700,000, according to the Cox Automotive data. 


We thank Auto Remarketing for reprint permission. 

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