Lane watch: Back to typical depreciation readings as 2025 winds down
Wednesday, Dec. 10, 2025, 03:45 PM
Auction Academy president Wanna looks back at an ‘energizing’ year
Wednesday, Dec. 10, 2025, 02:32 PM
Commercial consignor sales at auction reflect strength in off-rental, repo volumes
Tuesday, Dec. 9, 2025, 01:44 PM
Wholesale
2021 Women in Remarketing honorees
Tuesday, Mar. 2, 2021, 08:21 PM
Auto Remarketing Staff
In what we’re proud to call an annual tradition, Cherokee Media Group’s Women in Remarketing program has evolved into a celebrated franchise of Auto Remarketing and a key pillar of the National Remarketing Conference and Used Car Week. For more than a decade, Women in Remarketing has recognized excellence among the leaders of the remarketing and used-car […] [Read More]
Nearly everywhere Kontos looks, wholesale prices are moving higher
Monday, Mar. 1, 2021, 08:33 PM
Auto Remarketing Staff
No matter how chief economist Tom Kontos and his team dissected most of their numbers, wholesale prices within the data available to KAR Global Analytical Services have demonstrated noticeable gains year-over-year. The latest installment of the Kontos Kommentary included not only an in-depth comparison of the January data, but KAR Global also delved into some […] [Read More]
ACV files for initial public offering
Saturday, Feb. 27, 2021, 02:13 PM
Joe Overby, Senior Editor
ACV Auctions has filed the paperwork for an initial public offering. A Form S-1 was filed with the Securities and Exchange Commission on Friday for an initial IPO of ACV’s Class A common stock. In the form, which was published at 4:32 pm (ET), the Proposed Maximum Aggregate Offering Price was set at $100 […] [Read More]
Part I: How auto auctions navigated a Texas-size winter storm
Thursday, Feb. 25, 2021, 10:17 PM
Joe Overby, Senior Editor
Editor's Note: This is Part I of a three-part series on how the auto auction industy was impacted by and responded to the destructive winter storm that hit the central U.S. in mid-February. First up is a look at how ADESA's use of technology to facilitate remote sales allowed it to carry on without much […] [Read More]
Shaw promoted to national project director for Dent Wizard
Tuesday, Feb. 23, 2021, 08:52 PM
Auto Remarketing Staff
In his new role as national project director for Dent Wizard International, Mike Shaw will focus on the management and growth of Dent Wizard’s WTD — or Wheel, Tires and Dent — program. Dent Wizard, a provider of vehicle reconditioning and protection services, launched the WTD program last year. The company’s senior vice president of […] [Read More]
Lane watch: Frigid weather fails to cool bidding & buying
Tuesday, Feb. 23, 2021, 08:06 PM
Auto Remarketing Staff
If dealers had electricity and internet access, they were buying vehicles at auction last week, no matter how cold it became or strange it appeared to see locations with both palm trees and snow. Black Book analysts said auction sales rates remained strong last week despite places like the entire state of Texas being under […] [Read More]
KAR aims for top spot in US digital dealer-to-dealer space
Monday, Feb. 22, 2021, 09:17 PM
Joe Overby, Senior Editor
With the combination of its BacklotCars and TradeRev products into one marketplace, KAR Global leadership has its eyes on the No. 1 spot in the U.S. digital dealer-to-dealer space. The combination of the marketplaces means that TradeRev's U.S. dealer customers move to BacklotCars, while Canadian dealers remain on the TradeRev platform exclusively, KAR said. That migration began on Feb. 1 with […] [Read More]
CrankyApe names leader for auction sales, operations
Thursday, Feb. 18, 2021, 08:23 PM
Auto Remarketing Staff
Specialty auction remarketing services provider CrankyApe.com has named Evan Davidson as national director of auction sales and operations, noting that he will focus on implementing efficiency-based directives across the company. Davidson will also focus on growing the current sales team at CrankyApe, which is a provider of online auction liquidation services for banks, insurance companies, […] [Read More]
Lane watch: In-person bidding still notable as prices continue to rise
Wednesday, Feb. 17, 2021, 09:23 PM
Auto Remarketing Staff
Both Black Book and Cox Automotive reported surging wholesale prices as nearly the entire U.S. wrangles with frigid weather conditions. While Cox Automotive data is showing that dealers’ retail used inventory might be at what experts see as “normal” levels, Black Book shed light on how used-car managers are keeping their lots filled with units […] [Read More]
With combination of marketplaces, TradeRev’s US users moving to BacklotCars
Wednesday, Feb. 17, 2021, 09:15 PM
Joe Overby, Senior Editor
The TradeRev and BacklotCars online dealer-to-dealer platforms are being combined into one marketplace, parent company KAR Global said Wednesday. U.S. dealers are moving from TradeRev to BacklotCars. Meantime, the company’s Canadian dealer customers will continue to use the TradeRev platform exclusively, KAR said. That migration began on Feb. 1 with the hope of it being […] [Read More]
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