Sale day certainly can be exciting when hundreds of units go over the block. But that enthusiasm can quickly dissipate when vehicles to your store and a shop manager does a rundown of how much reconditioning they need to be front-line ready. That’s the common scenario Black Book summarized in its latest installment of Market […] [Read More]

America’s Auto Auction has named Angela Yarborough as assistant general manager at its Houston auction facility, noting her more than 30 years of industry experience. Yarborough’s auction career began in 1989 when Rawls Auto Auction hired her as a block clerk. She went on to work at Rawls for almost three decades. Auction general manager Ben […] [Read More]

Auto dealers should consider letting sunlight power their location. They can install photovoltaic solar systems that can benefit the environment and also save money. That is one tip that Manheim is sharing for dealers to increase their green efforts in celebration of Earth Day earlier this week. Manheim is also taking on new sustainability initiatives […] [Read More]

Black Book understands dealerships and finance companies need the most accurate data possible, especially with the pandemic creating so many unprecedented circumstances. In response on Wednesday, Black Book announced that its most precise valuation yet — VIN-specific history adjusted valuations — is now available for residual values in their self-service batch processing platform, ValuEngine as well […] [Read More]

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]