Editor's Note: This is a special online preview, available only to CMG Premium subscribers, of Auto Remarketing's upcoming special print edition for the NAAA Convention. The excerpt below is Part II of the feature. In part I of this feature, we looked at the market impacts affecting the reconditioning activities at the wholesale auction industry’s two […] [Read More]

Editor's Note: This is a special online preview, available only to CMG Premium subscribers, of Auto Remarketing's upcoming special print edition for the NAAA Convention. The excerpt below is Part I of the feature, which looks at reconditioning trends. Stay tuned for Part II, which examines transportation/logistics. Unprecedented trends surfacing during the first half of the […] [Read More]

Editor's Note: This is a special online preview, available only to CMG Premium subscribers, of Auto Remarketing's upcoming special print edition for the NAAA Convention. The excerpt below is Part II of the feature.  Beyond the buying and selling of vehicles, the auto auction sale brings folks together.  Not unlike many of the industry events we […] [Read More]

Editor's Note: This is a special online preview, available only to CMG Premium subscribers, of Auto Remarketing's upcoming special print edition for the NAAA Convention. The excerpt below is Part I of the feature. Stay tuned for Part II. Tricia Heon is no stranger to the auto auction industry, nor is the industry a stranger to […] [Read More]

Though still up considerably from year-ago levels, wholesale vehicle prices in the first half of August were down slightly from the full month of July. That’s according to the mid-month reading of the Manheim Used Vehicle Value Index. Through 15 days of the month, the index was at 193.7. That’s up 18.3% from the midpoint […] [Read More]

The Midwest isn’t just a fertile field for agriculture. On Wednesday, IAA announced that it has broken ground on the construction of two new branches in Minnesota and Indiana. The company highlighted that IAA Minneapolis South will become the second in Minnesota and will provide significant inventory storage and updated facilities to serve the growing […] [Read More]

The wholesale market is proving to be one streaky environment this year. Following the unprecedented run-up in wholesale values, Black Book reported Tuesday that prices continue to trend downward, as they dipped for the seventh week in a row. Seven consecutive weeks also represent how long analysts have seen auction sales rates below 70%. During the […] [Read More]

Much like the retail side of the used-car market, digitization and new business models in the wholesale car business have increased the number of ways buyers can acquire inventory. Leaders with several of these “Emerging Marketplaces” in wholesale will be on hand for a panel discussion at the IARA Summer Roundtable in San Antonio. Moderated by […] [Read More]

The National Auto Auction Association launched its autoauctionjobs.com in 2019 with the notion of creating a one-stop, registry of technical schools and scholarship opportunities for young people interested in pursuing careers as service technicians. Then came 2020. And on its heels, COVID-19. NAAA continued working on the program and identifying technician apprenticeships throughout 2020, but […] [Read More]

Editor's Note: This is a special online preview, available only to CMG Premium subscribers, of Auto Remarketing's upcoming special print edition for the NAAA Convention. Harry Barber owned a building 40 years ago that his daughter, Jane, used as an indoor horse-riding arena. As Jane grew up and eventually stopped using the arena, Barber wondered […] [Read More]