Though they didn’t reach the heights of the first quarter, conversion rates at auction for commercial consignors in the second quarter were up more than 4 percentage points year-over-year and remained above prior-year figures through the first half of 2025. That’s according to the Q2 Industry View from AutoIMS, which provides a “compendium of metrics featured in the AutoIMS Sales Scorecard that reflects the AutoIMS database (with few needed exclusions) — a vast majority of the commercial sales volume at wholesale auto auctions in North America.” Specifically, conversion rates for commercial consignors ... [Read More]

You may have seen LinkedIn posts this week involving Manheim.com, OVE and the vehicle listings from independent auto auctions. On Friday, Auto Remarketing connected with Joe Kichler — senior vice president, digital and supply chain at OVE and Manheim parent Cox Automotive — to get some clarity on the decision made by the company and […] [Read More]

Ship.Cars, a provider of software for car hauling companies, has partnered with auto transport broker Auction Direct Transport, giving ADT‘s carrier network access to the Ship.Cars platform at a discounted monthly rate. The companies said the collaboration will offer the carriers efficient dispatch operations, real-time load alerts and improved profitability. “ADT is a high-volume shipper […] [Read More]

ServNet Auction Group has added two more locations to its network of independent auctions. McConkey Auction Group’s newest additions — MAG Alaska and DAA Portland — are now on board, which ServNet said marks not only MAG’s continued expansion but also ServNet’s “commitment to fostering innovation, operational excellence and trusted service within the automotive remarketing […] [Read More]

Mid Kansas Auto Auction gave a helping hand to children in its community who need one. The Wichita auction’s Helping Hands Benefit Sale on June 18 raised $30,077 for Wichita’s Littlest Heroes, a nonprofit organization that serves medically fragile children and their families in Kansas through free events, financial assistance, art therapy, online support and […] [Read More]

The practice is as old as commerce itself; the process of buyers and sellers meeting on the price of that good or service. Well, it seems that practice was prevalent at the auctions last week, based on the latest observations from Black Book, which said wholesale values softened by 0.63%. That’s a rate more than […] [Read More]

The Automotive Remarketing Alliance and National Auto Auction Association said Wednesday that they will jointly host the Spring Remarketing Exchange next year. The event is March 2-4 at the Renaissance Dallas Addison Hotel in Addison, Texas. ARA had previously partnered with Bobit Business Media for the spring CAR Conference. The parties mutually agreed to wind […] [Read More]

June marked the first time in more than two-and-a-half years that wholesale auction sales fell on a year-over-year basis, according to the latest AuctionNet data from the National Auto Auction Association. While year-to-date auction sales are up close to 6%, last month’s volumes were off 1.9% from June 2024 (selling-day adjusted), coming in at 540,200, […] [Read More]

Two of the leaders in the used electric vehicle space have teamed up to take used EVs from consumers and sell them to dealers. Plug, which is an online wholesale auction specifically for used EVs, has partnered with Recurrent to be the exclusive wholesale partner for the EV analytics provider’s consumer-facing “Sell with Recurrent” program. […] [Read More]

ADESA announced new leaders at three of its auctions. Tonya Thomas has been named general manager of ADESA Shreveport, Tommy Howard is the new GM of ADESA Little Rock and Eric Renfro has taken the reins as GM of ADESA Indianapolis. Thomas has been with ADESA Shreveport for more than 35 years, serving as commercial […] [Read More]