There appears to be a light at the end of the tunnel for off-lease vehicles, the auction segment whose volumes were hit hardest in the aftermath of COVID-19, and for overall commercial consignment.

While an immediate turnaround in volumes isn’t imminent, macro-economic conditions suggest “an improving outlook for commercial off-lease volumes,” OPENLANE CEO Peter Kelly said in the company’s second-quarter earnings call last week

“I believe that the headwinds of the last three years look set to ...