ACV Updates

Read updates on ACV’s products, industry news, and dealers experiences to get insight into the online auction platform.

Blog

/

ACV Updates

Featured Article

Car Insurance Rates: What’s Behind the Rapid Increase and the Impact on Car Dealers?

Car insurance premiums have surged by 21% in the past year, with post-pandemic factors such as inflation, higher repair costs, and an uptick in severe accidents fueling the increase. As a result, consumers are finding it harder to afford coverage, leading many to opt for lower-priced vehicles.

A white used car driving up a hill

Other Articles

A train carrying cargo

September 20, 2023

How the Rail Car Shortage is Impacting the Automotive Industry

The automotive industry faces a new supply chain challenge – a severe shortage of rail cars. This issue follows previous disruptions, such as microchip shortages and supply chain problems, which have affected production and vehicle availability. Now, as many as 70,000 vehicles are stranded at factories and ports due to a lack of specialized carriages known as "auto racks," essential for vehicle transportation.

A customer searching online for used cars

September 20, 2023

Best Practices for Digital Car Merchandising

VDPs serve as the initial interaction point between dealerships and online car buyers. They provide a comprehensive overview of each vehicle, aiding potential buyers in their decision-making process.

A mechanic works on a used car engine

September 20, 2023

Tips for Car Dealers Amid Auto Technician Shortage

The United States is currently facing a substantial shortage of automotive technicians. This impending crisis poses a significant challenge to both new and used car dealerships, especially as the automotive industry grapples with the difficulty of attracting younger generations to pursue careers in this field.

Pennsylvania State Flag

September 19, 2023

How to Get a Dealer License in Pennsylvania

This step-by-step guide will walk you through how to obtain a dealer's license in the state of Pennsylvania.