First year-over-year decline in auction sales volumes since late 2022
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First year-over-year decline in auction sales volumes since late 2022
June marked the first time in more than two-and-a-half years that wholesale auction sales fell on a year-over-year basis, according to the latest AuctionNet data from the National Auto Auction Association. While year-to-date auction sales are up close to 6%, last month’s volumes were off 1.9% from June 2024 (selling-day adjusted), coming in at 540,200, NAAA said. The last time sales dipped year-over-year was December 2022 — some 30 months ago. I…
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