Auto Remarketing Staff

The National Auto Auction Association Convention — which is held in partnership with the National Remarketing Conference at Used Car Week — is just around the corner. And Auto Remarketing is celebrating the annual event and the auction industry with our yearly NAAA Convention... Read More

Joe Overby, Senior Editor

Florida. The Mid-Atlantic. New England. Illinois, Texas, Colorado and Arizona. California. Not only do these areas contain some of the largest cities in the country, but they are also areas where the commercial consignors utilizing CarLotz have heavy volumes of vehicles for the company to remarket at retail. So with... Read More

Late-model auction volume approaches 2 million

Joe Overby, Senior Editor

Year-to-date auction volume on late-model vehicles wrapped up August just a shade under 2 million units, with nearly a 22-percent sequential hike for last month alone. According to the latest Guidelines report from J.D. Power Valuation Services, the late-model auction volume tally of 1.94 million units through... Read More

Nick Zulovich, Staff Writer

Like KAR Auction Services noticed as well, both Cox Automotive and J.D. Power Valuation Services are watching closely how Hurricanes Harvey and Irma are impacting used-vehicle prices in September. And evidence is prompting analysts to modify their expectations for where the price readings might be by the end of the... Read More

Harvey needed only days to influence August prices

Auto Remarketing Staff

Hurricane Harvey landed in Texas with a week left in August, and its flooding left an immediate impact on wholesale price movements for the month, according to KAR Auction Services chief economist Tom Kontos. According to ADESA Analytical Services’ monthly analysis of wholesale used-vehicle prices by vehicle model... Read More

Auto Remarketing Staff

Auction Academy’s largest class, class group 5, traveled to Spokane, Wash., this summer for training held in conjunction with McConkey Auction Group’s Rock & Roll sale at its DAA Northwest location in July. In addition to enjoying the concert event headlined by the Lynyrd Skynyrd Band, during their two... Read More

Auto Remarketing Staff

Copart announced Thursday the expansion of its New Orleans location, which marks the company’s 12th expansion this calendar year. "So far in 2017, we've expanded locations as far west as California, as far east as New Hampshire, and several in between," Copart chief executive officer... Read More

2017 Best Auto Auctions to Work For

Auto Remarketing Staff

Auto Remarketing’s Best Auctions to Work For, which is sponsored by CARS Recon, is a free workplace study for the auto auction industry that recognizes the best auto auctions to work for on an unranked basis. It is designed and intended for individual auction locations — not corporate or headquarter offices.... Read More