In a letter to the auto auction industry shared Monday, ServNet executive director John Brasher offered an emphatic counterpoint to criticism of the industry’s handling of COVID-19. Brasher said he is proud of how the industry has adapted historically to such crises and sea-changes as Sept. 11 and the Great Recession, and he expressed the […] [Read More]

As part of Used Car Week's National Remarketing Conference, Cherokee Media Group will recognize our National Remarketing Executives of the Year, an award program presented by Auction Management Solutions.  Receiving this year's honors are Jackie Malik and Tony Markel, remarketing supervisors at Credit Acceptance.  Below is a Q&A with them. Auto Remarketing: For each of you, how […] [Read More]

Since America’s Auto Auction Baton Rouge hired Adele Lococo in 2018 as fleet/lease manager, she has focused on relationships. The company says that has had a positive effect on the auction’s customers and auction team members. “As closely as we’ve worked together during this pandemic, we feel like a united family,” America’s Auto Auction Baton […] [Read More]

Kim Waterman, a former general manager for Manheim in the Southwest, is the new general sales manager for Richmond Auto Auction. Waterman started out as a dealer service manager in 2002 and eventually became general manager for Manheim in the Southwest. She served in various roles during her 18-year Manheim career. “We are very excited […] [Read More]

Alliance Auto Auction has promoted Christina Thomas to general manager of the Alliance Waco location, noting that she has been in the auction business since starting as a temporary employee for ADESA in 2005. Soon after starting with ADESA, Thomas was promoted to a district tele-sales supervisory role. She went on to serve as a […] [Read More]

KAR Global chief executive officer Jim Hallett did not mince words Tuesday when sharing his concerns about the return of in-person auto auction sales with cars running through lanes, urging the industry to take greater responsibility for safety amid COVID-19. During a sponsored episode of the Auto Remarketing Podcast, Hallett began by expressing his concern […] [Read More]

To commemorate its second anniversary, Mid Kansas Auto Auction offered nearly 700 vehicles at a promotional event in November, and more than 60% sold. That was an all-time record for the auction, said MKSAA owner/general manager Trevor Ottley, noting that the event showed attendance of more than 474 registered dealers in lane and online. The […] [Read More]

Dealers using the Manheim Express Concierge service can now run Concierge-inspected vehicles located on the dealer lot in a live, auctioneer-led Simulcast sale. Manheim said the service works well for dealers who would like to wholesale their inventory right from their lots. The company makes the announcement at a time when its Simulcast audience has […] [Read More]

There was a “typical” seasonal decline in wholesale prices on a non-adjusted basis during November, and compared to a year ago, Manheim’s index measuring used-car values was up more than 16%. Separately, a week-by-week analysis from J.D. Power shows continued softening in auction prices following their summertime peak. According to a report accompanying the latest Manheim […] [Read More]

Buzz Cotton has spent a lifetime in the auction industry. After college graduation, he worked with his father, Jimmy Cotton, owner of the former Arena Auto Auction in Chicago. He went on to become owner of Dyer Auto Auction in 1986, and on Thursday, Dyer announced that Buzz Cotton was transitioning the leadership mantle to […] [Read More]