Wednesday marks the opening day of December, so Black Book took the opportunity to give auctions and dealerships a reference point for how the final month of the year might unfold in the wholesale market. [Read More]

Joe Kichler, vice president of Manheim Logistics, joins the Auto Remarketing Podcast in an on-site episode from Used Car Week earlier this month. Kichler and Auto Remarketing senior editor Joe Overby talk about Manheim's partnership with DHL, the transportation space and much more. Stay tuned for more on-site episodes from Used Car Week in coming […] [Read More]

In a conversation recorded in person during Used Car Week, KAR Global chief economist Tom Kontos returned for another episode of the Auto Remarketing Podcast. Kontos shared how often he and his KAR Global team had to be sure they were looking at wholesale trends correctly since so many unique patterns surfaced this year. And […] [Read More]

Retailers of consumer goods have been advertising discounts connected with Black Friday for several weeks now. However, store managers looking to score a deal on used inventory like they might for a television or cookware might not be as successful. Black Book conceded in its latest installment of Market Insights released on Tuesday that “values […] [Read More]

Finalized just ahead of Used Car Week, Ship.Cars and Montway Auto Transport announced a partnership on Friday. The automotive transport technology firm and third-party logistics brokerage company said in a news release that their customers will gain increased exposure to extra carrier capacity with additional focus on visibility and automation in the post-dispatch process. As […] [Read More]

ADESA wants to help its clients, so on Tuesday the auction company announced the launch of its new Purchases Page for U.S. buyers. KAR Global explained the new page is designed to streamline online self-checkout and expand post-sale capabilities, enabling customers to view and manage all their ADESA Simulcast and Simulcast+ purchases in one centralized […] [Read More]

You could say black is white or wet is dry when considering the current state of the wholesale market, since rental car companies now are part of the primary group of buyers at the auction rather than being typical consignors. Along with releasing a new white paper on Tuesday, Black Book also looked to summarize […] [Read More]

Turns out, there was more than one decades-long drought snapped for an Atlanta entity this past week. Cox Automotive, headquartered in Georgia’s capital, said Friday that its Manheim Used Vehicle Value Index saw its first-ever non-seasonally adjusted October increase last month. The index — which began in 1997, a year after the city’s Summer Olympics and two […] [Read More]

Holman Enterprises shifted the responsibilities of three executives, as the company that already has 41 dealership franchises representing 20 brands as well as fleet leasing and management company ARI in its portfolio launches a new segment focused on the commercial space. According to a news release distributed on Thursday, Holman executive vice president and chief […] [Read More]

Chase Auto recognized its top U.S. auto auction partners on Thursday, spotlighting 10 auctions via Zoom for their performance in its annual Chase Cup for Auction Excellence program. After reviewing 36 auctions for their respective performances in handling preparation, sales, invoice processing, transport requests, title processing and more, Chase awarded ADESA Kansas City the Chase […] [Read More]