Auto Remarketing Staff

In just over two years since launch, The Appraisal Lane has surpassed $100 million in used-car transactions for both live trades and aged units, the company announced Tuesday. This news comes just a month after reaching up to over 100,000 live trade submissions from dealers via The Appraisal Lane app. With over... Read More

Black Book index climbs for third straight month

Auto Remarketing Staff

Along with aligning with another online marketplace connecting buyers and sellers of used vehicles, Black Book watched its Used Vehicle Retention Index rise in November, pushing the reading higher for the third consecutive month. Editors indicated the November index reading increased 0.3 percent month-over-month,... Read More

Auto Remarketing Staff

MetroGistics Holdings announced Tuesday the acquisition of greater Kansas City area-based Metro Title Services. This latest development follows recent expansion efforts to merge with AmeriFleet, which the company acquired in January. “We recognized best-in-class vehicle compliance services as a major market... Read More

NAAA to host auction standards training in Orlando

Auto Remarketing Staff

The National Auto Auction Association’s Standards Training Program will host two days of hands-on vehicle inspections and arbitration training in Orlando, Fla., on Thursday and Friday. Classes will be instructed by Manheim director of arbitration Matt Arias, who will cover damage analysis on day-one and... Read More

Jim DesRochers, Dealers Auto Auction of the Southwest

This year’s annual conference partnership between the National Remarketing Conference and the NAAA Convention was a great example of a forward-thinking combination of two very strong brands. As Dan Kennedy (formerly of GM, now with Jack Cooper Logistics), Mike Broe (formerly of Manheim and now president of... Read More

Manheim invests $17M to grow retail recon operations

Auto Remarketing Staff

Manheim has been investing $17 million to develop its retail reconditioning solution's proprietary technology platform and build new facilities, while upgrading existing ones. In a news release, Manheim explained that its retail reconditioning solution is designed to help dealers increase... Read More

Auto Remarketing Staff

Be it a car or truck, Black Book saw both general vehicle segments depreciating at almost the same rate as auctions and dealers celebrated Thanksgiving. According to this week’s Black Book Market Insights report, editors determined sporty cars and compact vans saw the most depreciation out of both segments,... Read More

Auto Remarketing Staff

Manheim has announced a 100-percent sales rate following the exclusive off-site auction for Citroen its Nevada team recently held in Las Vegas in collaboration with Manheim Online in the U.K. The Las Vegas auction follows the successful unique off-site sale Manheim and Citroen held 'at sea' last year on No... Read More