Joe Overby, Senior Editor

Memorial services for Ken Osborn, the late general manager of ADESA Dallas, will be held Saturday in Granbury, Texas, the National Auto Auction Association said in a memo to NAAA members. Osborn, 65, passed away Jan. 10 in Granbury. He was a past president of NAAA, a 2013 NAAA Hall of Fame inductee and an NAAA Warren... Read More

Auto Remarketing Staff

At Used Car Week this past fall, Joe Overby sat down with Joe Miller and Venkat Krishnamoorthy of AutoIMS to talk about the company's “Simplifying Auction Charges” whitepaper released this fall.  Plus, Miller and Krishnamoorthy discuss the next steps in auto industry... Read More

Subcompact crossover values tumble

Auto Remarketing Staff

For dealers who are finding used subcompact crossovers in demand at their stores, the latest analysis from Black Book showed they didn’t have to dip quite as much into their floor-plan funds last week to acquire these units. This week’s Black Book Market Insights report showed subcompact crossovers... Read More

Auto Remarketing Staff

Kelley Blue Book announced Tuesday that the Toyota and Porsche brands are the 2018 model-year brand winners of the annual Best Resale Value Awards. Its Porsche's second consecutive luxury brand Best Resale Value award, and Toyota takes it’s third-ever win, following recognition for top brand in 2014... Read More

Jim DesRochers, Dealers Auto Auction of the Southwest

Safety is front and center at today’s brick-and-mortar auctions — and with good cause. The reason we have such a laser focus on safety is, in my opinion, a micro versus a macro view of this very important issue. The tragedy at the East Coast auction was horrendous, given the relatively safe environment... Read More

Auto Remarketing Staff

While the past year showed stronger-than-expected retention rates overall, Black Book’s Used Vehicle Retention Index still fell 0.7 percent from 115.0 to 114.1 last month, following a rise in November.  In addition to the first decline in the last four months, this is also the lowest tally for December... Read More

Auto Remarketing Staff

AutoTec announced Monday that it has promoted John McElrath to president of Red Mountain Technologies (RMT), a subsidiary of the company that provides vehicle history data to auto auctions and insurance carriers. McElrath most recently served as RMT vice president of sales and joined the company in... Read More

Wholesale auto market trends to track in 2018

Arlena Sawyers , Correspondent

Used-vehicle supply and demand, the economy, and interest rates and credit are among the market dynamics driving wholesale used-vehicle sales and prices.  They were also frequently cited as trends to watch in 2018, by analysts, remarketers and others who attended Used Car Week in November. The National Auto... Read More