The U.S. Department of Transportation conducted a survey that has been released by the U.S. Energy Information Administration (EIA) that concludes households are holding onto vehicles longer in 2017 compared to 2009. [avatar user="croberts" size="thumbnail" align="left" /] Continuing our conversation on the volume use and of older vehicles on U.S. roadways, an interesting report was

Just back from NACE/Automechanica and the Collision Industry Conference CIC. Craig Roberts and I attended and had a chance to meet up with many old friends and new ones from across the Property and Casualty arena. As well as other vendors and enterprises. The conversations we had continued to affirm in our minds that the

Introduction to Wreckonomics™ is a primer for auto recycling in 2018, the appetite for vehicles being retired from U.S. roadways and the market for the scrap metal and materials that can be reused from the most recycled consumer product: the automobile. The focus of Wreckonomics™ is on the economics related to end of life vehicles.  Automobiles are

Last month ARS participated in the Automotive Intelligence Summit a first-year event presented by Cherokee Media; the publishers of Auto Remarketing and the presenters of Used Car Week. We were excited to participate in the conversations surrounding the practical uses of the huge amount of data currently being collected from the automotive marketplace by operations,

Last month, Advanced Remarketing Services attended the DigIn Conference in Austin Texas.  Digin is an ‘Insur Tech’ Conference focused on technology innovation in the Property and Casualty Space.  Entrepreneurs and established enterprises gather together to talk about innovation, changes, challenges, and opportunities in insurance markets. For three days we participated in a compelling conversation on

The Institute of Scrap Recycling Industries Convention and Exposition is the years largest event in the recycling industry. Advanced Remarketing Services attended the Institute of Scrap Recycling Industries (ISRI) annual convention and expo last month in Las Vegas.  It’s the largest annual gathering focused on recycling metals of varying types.  While it is not widely known

In previous posts we've observed how the vehicle market is much different in 2017 than it was 3 short years ago.  Oversupply of new and ‘almost new’ units, maxed out consumer demand and the volume of older vehicles is at historic levels.  So what can we do with this information and the bleak prospects that

[avatar user="jhearn" size="thumbnail" align="left" /] In our last Wreckonomics™ post we looked at the used vehicle wholesale marketplace and the challenges it currently faces.  In this post we’re going to dive deeper into wholesale appetites for the lowest value assets.  This segment of the vehicle market is often obscured by late model or higher value

[avatar user="zlasky" size="thumbnail" align="left" /] The last post in our Wreckonomics™ series focused on the challenges facing the scrap market including a peek into the metals markets and values for crushed auto bodies.  Today, we take a look at the rapidly changing used vehicle wholesale landscape. The used marketplace is trending downward to levels not seen

[avatar user="croberts" size="thumbnail" align="left" /] In our last post we started a conversation about vehicle retirement; today I’m weighing in on the conversation as we take a closer look at end of life vehicle (ELV) challenges and solutions. Prior to joining ARS I spent 5 years working in the metal recycling industry.  Long before working