Auction/Wholesale News
Flint AA Commemorates Anniversary
-- June 30, 2009
FLINT, Mich. — Flint Auto Auction celebrated its 56th anniversary late last month with a special sales event that included ... [ Full Story ]
Webb: Wholesale Market Shows Surprising June Strength
-- June 29, 2009
ATLANTA — In the midst of "mixed signals" throughout the economy, wholesale prices continued to show stronger-than-expected gains in the first half of June, while dealer activity remained solid, according to Manheim's Tom Webb. However, even if this recent surge were to ... [ Full Story ]
Black Book: Car Segments Improve Across Board
-- June 29, 2009
GAINESVILLE, Ga. — In a bit of good news for the wholesale industry, Black Book's Ricky Beggs said Monday that for first time this year, all 10 car segments included in the company's auction analysis showed ... [ Full Story ]
ABC Auction Recognized for Charitable Outreach
-- June 29, 2009
INDIANAPOLIS — With GE's Race to Give outreach program for the United Way set to begin next month, the company's remarketing manager recently presented Auction Broadcasting Co. and ABC Bowling Green with ... [ Full Story ]
Today is Last Day for Power 200 Nominations
-- June 29, 2009
CARY, N.C. — Today is the deadline to send in Power 200 nominations to Auto Remarketing, so act quickly to take advantage of being included in this upcoming special edition. The special Auto Remarketing feature ... [ Full Story ]
SmartAuction Posts Record Sales Totals
-- June 29, 2009
TROY, Mich. — SmartAuction shared details about how non-General Motors dealers are fueling what is on pace to be a record-breaking sales year. Through May, SmartAuction reported almost ... [ Full Story ]
Donlen CEO Receives National Business Honor
-- June 29, 2009
NORTHBROOK, Ill. — Donlen Corp. chief executive officer Gary Rappeport recently received a national award for his leadership of the fleet/leasing management company. Rappeport was named the ... [ Full Story ]
State Line AA Plans Special Antique, Classic Sale
-- June 29, 2009
WATKINS GLEN, N.Y. — State Line Auto Auction is expanding its biannual antique and classic vehicle sales into a larger event to include dealers and other interested buyers. The State Line Vintage Auto Auction at The Glen is scheduled for ... [ Full Story ]
Wholesale Institute Launches New Promotion for Independents
-- June 26, 2009
ORLANDO, Fla. — In order to help build on its recent momentum, Manheim's The Wholesale Institute rolled out a new ... [ Full Story ]
Another Auction Chooses LiveBlock Auctions International Software
-- June 25, 2009
REGINA, Saskatchewan — Officials from LiveBlock Auctions International recently announced that another wholesale operation started to use its Web platform for online bidding. Deciding to use the software and hardware was ... [ Full Story ]
PAR North America Announces Management Changes
-- June 24, 2009
CARMEL, Ind. — Late Wednesday, ADESA announced changes to its management team for PAR North America, effective immediately. As part of these changes ... [ Full Story ]
OPENLANE Promotes Exec to VP of Transportation
-- June 24, 2009
MENLO PARK, Calif. — OPENLANE attributed the success of its acquisition of CarsArrive Network as the reason for promoting one of its executives. Now serving as the vice president of transportation is ... [ Full Story ]
World Omni/Center One Honor Top Auctions
-- June 23, 2009
DEERFIELD BEACH, Fla. — World Omni Financial Corp./Center One Financial Services unveiled their Auction of the Year honorees earlier this week. Receiving the award as ...
[ Full Story ]
AA of Connecticut Celebrates Inaugural Sale, Plans Grand Opening
-- June 23, 2009
NORTH FRANKLIN, Conn. — After what management called a "huge success" at its inaugural sale earlier this month, Auto Auction of Connecticut will be hosting a ... [ Full Story ]
LiveBlock Auctions International to Update Bidding Software
-- June 22, 2009
REGINA, Saskatchewan — LiveBlock Auctions International announced on Monday that it will be updating to ... [ Full Story ]
NADA Used Car Guide Downgrades Price Erosion Predictions
-- June 16, 2009
McLEAN, Va. — NADA Used Car Guide's projected resale-value erosion on distressed brands is likely to come in at ... [ Full Story ]
ADESA, TFS Celebrate Record Sales for Online Platform
-- June 16, 2009
CARMEL, Ind. — ADESA and Toyota Financial Services announced Tuesday that the Toyota Dealer Direct online auction hit record sales volume during ... [ Full Story ]
Power 200 Recognition Deadline Approaches
-- June 15, 2009
CARY, N.C. — Auto Remarketing is calling for nominations to recognize top companies in the remarketing and used-car industries for a feature in an upcoming edition of the magazine, but those wishing to spotlight their companies must act quickly. The deadline for submissions is ... [ Full Story ]
Black Book: Wholesale Market Fluctuates, but Moves in Positive Direction
-- June 15, 2009
GAINESVILLE, Ga. — Despite the record vehicle value changes made on June 8 and the overall wholesale volatility in the last 14 months, the used-vehicle market is nowhere near ...
[ Full Story ]
Dollar Thrifty Updates Exposure to Chrysler
-- June 11, 2009
TULSA, Okla. — In the wake of Chrysler LLC completing its bankruptcy proceeding and selling its assets as the newly formed Chrysler Group emerged, Dollar Thrifty Automotive Group provided an update on its credit exposure to the automaker on Wednesday. Company officials said Dollar Thrifty's exposure has ... [ Full Story ]