Wholesale
NAAA convention news: Tribble honored as Industry Pioneer, new memorial scholarship, AutoIMS’s latest donation
Monday, Oct. 7, 2024, 01:12 PM
Auto Remarketing Staff
The National Auto Auction Association announced its latest choice for its Industry Pioneer Award, a new memorial scholarship and donations on behalf of its outgoing president last week as it wrapped up the 2024 NAAA World Remarketing Convention in Orlando, Fla. Tribble selected as Industry Pioneer Larry Tribble Jr., chairman and owner of Southern Auto […] [Read More]
Remarketing Executive of the Year Stokes has ‘Midas touch’ that creates excellence
Monday, Oct. 7, 2024, 12:09 PM
Andrew Friedlander, Associate Editor
When her phone rang at the end of an auction sale last month, Debbie Stokes was in no mood to answer it.
“I’m like smack dab in the middle of doing everything,” she recalled. “I look at my phone and it’s showing a number I didn’t have saved.
“I’m like, ‘I don’t know who this is. Do I answer or do I not?’ Well, if I don’t answer I’m just going to have to call it back anyway, so I might as well just get this over with.”
That turned out to be the right call ... [Read More]
Amelung takes gavel as NAAA president, Rogers elected VP
Friday, Oct. 4, 2024, 02:11 PM
Auto Remarketing Staff
Craig Amelung has officially become president of the National Auto Auction Association for the 2024-25 term, taking office when outgoing president Eric Autenrieth passed the gavel in a ceremony during the 2024 NAAA World Remarketing Convention in Orlando, Fla. During the convention’s all-member meeting, Tommy Rogers was elected vice president. Amelung is a 32-year auto […] [Read More]
NAAA inducts AutoTec CEO Chuck Redden into its Hall of Fame
Friday, Oct. 4, 2024, 11:44 AM
Auto Remarketing Staff
Chuck Redden has become the latest industry leader to join the National Auto Auction Association Hall of Fame. The CEO of AutoTec and affiliate companies Auction Insurance Agency, AutoCheck Auctions, VIN CrossCheck, Centennial Casualty Company and AuctionACCESS was inducted during the 2024 NAAA World Remarketing Convention in Orlando, Fla. The Hall, established in 1968, recognizes […] [Read More]
NAAA & ARA honor Kapusta as Bobit Industry Icon
Thursday, Oct. 3, 2024, 01:06 PM
Auto Remarketing Staff
The National Auto Auction Association (NAAA) and the Automotive Remarketing Alliance (ARA) celebrated Steve Kapusta this week at the 2024 NAAA World Remarketing Convention in Orlando, Fla. The senior vice president of Ally Remarketing Services for SmartAuction received the Ed Bobit Industry Icon Award. Jointly created by NAAA and ARA in 2015, the annually given […] [Read More]
Lane watch: Seasonal softening finally surfaces
Wednesday, Sep. 25, 2024, 02:51 PM
Auto Remarketing Staff
While some specific vehicle segments continue to gain value, Black Book spotted wholesale price declines often seen this time of year. Analysts said, “the market shifted towards typical seasonal expectations,” when wholesale values softened by 0.17% a week ago. Black Book continued in its newest installment of Market Insights that, “Despite last week’s drop, the […] [Read More]
Wood continues notable automotive career by joining CarOffer
Wednesday, Sep. 25, 2024, 12:16 PM
Auto Remarketing Staff
Scott Wood’s automotive career includes time with Carvana, OPENLANE and TrueCar as well as a franchised dealership owner. On Wednesday, digital wholesale platform CarOffer, part of the CarGurus network, announced the addition of Wood as senior vice president of operations. In his new role, Wood will lead day-to-day operations, strategic planning and implementation of operational […] [Read More]