As we steam through 2024 at breakneck speed we wanted to close the book on 2023 with one final look back at the topsy turvy markets of last year.  Wreckonomics© is our set of insights into the sustained and specific appetite for low value and end of life vehicles and we saw a ton of

Facts About Auto Recycling [avatar user="zlasky" size="thumbnail" align="left" /] Did you know that according to statistics on auto recycling the car you drive is actually the most recycled item in the United States?  Every year over 12 million cars reach the end of their roads and enter the car recycling stream.  With Earth Day coming

The focus of our Wreckonomics© series, is to examine the sustained and specific appetite for older, high mileage, and negative equity vehicles.    As we close out 2019 and look to the new decade, we wanted to leave you with some current insights into the used car marketplace and specifically the performance and outlook for

In 2018 palladium was one of the top performing commodities surging past gold in value. Throughout the past year many of the metals found in automobiles like steel or aluminum have struggled in the market due in part to tariffs and a global economic slowdown but one that rose to the top is palladium. In

Where is the value in electric vehicles when they reach the end of their lifetime?   Electric vehicles (EV) own around .2% of the total cars driving on the road today. Although this is a small portion of the market share, it has grown exponentially from 5 years ago. Electric vehicles are also projected to own

Global steel production is at an all-time high after March volume reported by World Steel Association. [avatar user="zlasky" size="thumbnail" align="left" /] There has never been more steel produced in one month than March 2018.  There are 64 countries that report steel production to the World Steel Association and in March 148.3 million tons of crude

[avatar user="lmccullough" size="thumbnail" align="left" /] The first month of the year has been off to a great start in the steel industry as higher prices continue to hold at an elevated level. 2017 ended on a high note with ferrous scrap prices closing at $370 per tonne, reported by Recycling International.  This does not seem

[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="jhearn" size="thumbnail" align="left" /] To focus on the market for low value and end of life vehicles we need to first look at the entire Auto Marketplace and US Roadways.  First a glance at Vehicles in Operation (VIO). Today, there are over 264 million cars and trucks in operation in the U.S., an increase

[avatar user="jhearn" size="thumbnail" align="left" /] American automotive markets are facing huge challenges at wholesale and retail.  Remarketers, Repossessors, Fleet Operations, Insurance Salvage and Finance verticals are facing uncertainty at near record levels.  Success is harder and more elusive than ever.  There is no rescue coming, no unified vision about the future.  The uncertain market we