Higher prices. Fewer units flowing through the wholesale market. Vehicles in rougher condition. The challenges for dealership used-car managers are as steep as ever, as recapped in the latest Market Insights from Black Book released on Tuesday. While values didn’t rise quite as much last week as they had earlier in April, analysts said wholesale prices […] [Read More]

IAA’s U.K.-based business unit has expanded its vehicle delivery service for its buyers, and the company said that with the expansion, it can deliver vehicles anywhere on the U.K. mainland. IAA said the expansion takes place following several technology modernization investments. The service uses IAA’s expanded vehicle transporter fleet and the company’s INFORM Transportation Management […] [Read More]

Business Intelligence Group has named fleet management company Donlen as a winner of its 2021 Excellence in Customer Service Award. In its announcement on receiving the award, Donlen mentioned its company-wide customer service methodology called AREPA, which stands for "availability, responsiveness, expertise, proactivity and accuracy." The AREPA process represents important attributes for providing top customer service […] [Read More]

With precautions in place to ensure attendee safety, the Greater Rockford Auto Auction will host the 4th Annual GRAA’lapalooza Anniversary Sale to celebrate 47 years in the auction business. The two-day event will take place July 20 and July 21, with country music artist, Aaron Tippin performing July 20 following an evening auction. “We are planning […] [Read More]

ADESA has launched “Off-Lease Exclusive” on ADESA.com, with new filtering and search functionality. With that functionality, dealers gain one-click access to approximately 80% of North America’s off-lease inventory days before it is available through any other auction, according to ADESA. The company said buyers can look for the new teal-colored “star tag” icon on all […] [Read More]

While a new weekly wholesale price increase record was not set, these unprecedented times in the lanes prompted Black Book to expand its data tracking. Analysts said in the newest Market Insights that they’re seeing a substantial increase in prices that dealers are willing to pay for higher-mileage units, especially models 2-years-old and newer. Because […] [Read More]

John Brasher, who last week announced he was stepping down from his leadership post with the ServNet auction group at the end of the month, will become EBlock’s next chief operating officer on May 3. Brasher became executive director of ServNet on Jan. 1, 2020. He has spent close to his entire career as part of […] [Read More]

GM Financial named Manheim Pennsylvania as the winner of its Most Valuable Auction of the Year award and also named five regional 2020 Auction of the Year winners. In selecting the recipients, GM Financial reviewed each of the company’s 51 auction partners’ performance in retention, operational metrics, pre-sale activities and overall auction operations. The awards […] [Read More]

Finished vehicle transport logistics provider United Road has launched a new sister company to connect United Road and Team Driveaway/Fr8 carriers with cost-saving resources and support services that are important to their day-to-day business operations. The sister company is the National Vehicle Transporters Alliance, or NVTA, which serves as a business resource for United Road […] [Read More]

ServNet executive director John Brasher is leaving his leadership post at the auction group on April 30 to pursue other opportunities in the industry, the group said Wednesday. ServNet administrative director Robert Sullivan will be interim executive director while the group conducts a search for its new leader. Brasher has been executive director of the group […] [Read More]