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Online used car auction platform ACV Auctions (NASDAQ:ACVA) in Q4 CY2024, with sales up 34.8% year on year to $159.5 million.
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Cox Automotive predicts more than 16 million new cars will be sold in the U.S. by the end of the year, with millions of people buying used cars.
Bidding for the online-only auction ends on Feb. 24 at 10 a.m. There will also be a public preview of the vehicles on Friday at the Toledo police impound lot.
Chattogram Custom House put 43 confiscated vehicles, including 24 imported under the “Member of Parliament” (MP) quota, up for auction, but bidders showed interest in 35 of the cars.
The highest bid, Tk3.10 crore, was placed for a Land Cruiser ZX originally valued at Tk9.67 crore, while the lowest bid was only Tk1 lakh. The auction process was initiated on Sunday (16 February) ...
The remaining non-MP quota cars fetched bids ranging from Tk 2 lakh to Tk 1.37 crore. According to the National Board of ...