OPENLANE Says Auction Pricing Continues to Show Strength

Auto Remarketing - July 7, 2010

Whole­sale prices remained at peak lev­els dur­ing June, accord­ing to OPENLANE, which also indi­cat­ed that there were month-over-month gains in the prices of mini­vans and trucks, with cars and SUVs declin­ing mod­est­ly from May. Over­all U.S. auc­tion prices in June held steady and end­ed on par with May 2010 lev­els, rep­re­sent­ing the high­est price lev­els of 2010 YTD.