In March, IAA expanded its U.S. locations in Missouri as well as in Florida. Now that it’s April, IAA turned its attention to its European operations. IAA recently announced that its U.K.-based business unit has expanded its IAA Hixon branch. According to a news release, this investment increases the branch’s inventory space by more than […] [Read More]

At this pace, dealerships are going to see their used-vehicle retail margins pinched tighter than when a salvage unit goes into the crusher. Not only did values for every vehicle segment included in Black Book’s Market Insights increase by more than 1% in a single week, but four categories also generated gains greater than 2%. […] [Read More]

Last week, Mike Albert enhanced its vehicle subscription service — Subscribe with Mike Albert — an initiative first rolled out in August. Along with its other three subscription options, Mike Albert customers now can take advantage of an electric vehicle membership plan According to a news release, the EV membership plan will feature the Tesla […] [Read More]

Auto Remarketing is recognizing the 2021 Women in Remarketing honorees in the March issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Pamela Patton, who is area vice president at ACV Auctions. Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, also, what […] [Read More]

Auto Remarketing is recognizing the 2021 Women in Remarketing honorees in the March issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Nanci Smith, who heads up remarketing supplier management and is an administration manager at Toyota Financial Services. Auto Remarketing: What do you enjoy most about working in […] [Read More]

Frank Hackett will retire from his position as chief executive officer of the National Auto Auction Association — in July, most likely — capping a 17-year run leading the trade organization. NAAA has hired executive search firm SpencerStuart, which began the process of finding a new CEO for the association about eight weeks ago, Hackett […] [Read More]

Manheim Pennsylvania brought back its annual Xtreme Spring Sale last week, seeking to fulfill its commitment to raise funds for Make-A-Wish Philadelphia, Delaware and Susquehanna Valley. The event was canceled last year because of COVID-19. Participating dealers in the physical and digital sale event had an opportunity to bid on nearly 400 unique vehicles. A replica […] [Read More]

Auto Remarketing is recognizing the 2021 Women in Remarketing honorees in the March issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Ellen Westpfahl, who is assistant general manager at Manheim Orlando Market Center. Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, also, what […] [Read More]

Auto Remarketing is recognizing the 2021 Women in Remarketing honorees in the March issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Chipo Taylor, who is regional controller – Southwest at XLerate Group. Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, also, what aspect(s) […] [Read More]

Auto Remarketing is recognizing the 2021 Women in Remarketing honorees in the March issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Laura Wehunt, who is vice president of automotive valuations at Black Book. Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, […] [Read More]