Auto Remarketing Staff

While there likely are households and businesses still trying to recover from Hurricanes Harvey and Irma, KAR Auction Services chief economist Tom Kontos thinks the impact from those storms is no longer strongly influencing wholesale vehicle prices. According to ADESA Analytical Services’ monthly analysis of... Read More

Black Book tallies full-year depreciation level

Auto Remarketing Staff

Black Book determined full-year vehicle depreciation for 2017 didn’t quite reach the level editors saw for the previous year. According to Black Book data, the average price of a used vehicle for model years 2012 through 2016 depreciated in value by 2.9 percent during the close month of 2017. Editors indicated... Read More

Podcast: ADESA COO Paul Lips

Auto Remarketing Staff

At Used Car Week in November, Joe sat down with ADESA chief operating officer Paul Lips for a chat about his time as National Auto Auction Association president, mobile phone usage in the auction industry, auction safety, volume spikes for 2018, Notre Dame football and more. Check out their conversation from La Quinta,... Read More

Auto Remarketing Staff

Auction Academy has released its schedule for this year’s 2018 Seminar Series program. Auction Academy’s upcoming seminars will kick off with a a workplace culture session that will be held in Franklin, Tenn., March 26 and March 27.  “Different from our two-year program, the Seminar Series... Read More

Auto Remarketing Staff

Following upgrades made to the Manheim Market Report this past summer, Manheim has announced that the tool received an estimated total of 23 million visits last year. Upgrades made to MMR this past summer include valuation adjustments for a vehicle’s AutoGrade condition and enhanced mobile and desktop... Read More

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