Wholesale
Rewards program to benefit United Road’s top carriers
Tuesday, Jan. 5, 2021, 09:07 PM
Auto Remarketing Staff
United Road has launched an initiative to recognize and reward high-performing third-party carriers in its network of independent carriers. It is called the Haully Pro Carrier Rewards Program, and United Road said the program helps support its carriers’ independent businesses, build loyalty and improve quality. Benefits of Haully Pro include quarterly rebate bonuses, dedicated concierge […] [Read More]
Black Book names Abdalah to business development leadership role
Tuesday, Jan. 5, 2021, 06:52 PM
Auto Remarketing Staff
Black Book has named former RVI Group and GM Financial executive Rene Abdalah as its new senior vice president of business development. In the newly created position, Abdalah will work with U.S. and Canadian vehicle manufacturers, captive finance companies, lenders and other automotive-related companies to deliver data and analytical services. Jared Kalfus, Black Book executive vice president, revenue, […] [Read More]
Cox Automotive buys Fyusion, Dickinson Fleet Services
Tuesday, Jan. 5, 2021, 02:00 PM
Joe Overby, Senior Editor
Cox Automotive made quite the M&A splash to begin 2021, announcing two major purchases Tuesday that provide some additional muscle to its wholesale and mobility units, respectively. In separate announcements, Cox said it has acquired Fyusion — a company in the computer vision and vehicle imaging solutions space — and Dickinson Fleet Services, a mobile […] [Read More]
IAA expansions a response to increased customer inventory needs
Friday, Dec. 18, 2020, 07:07 PM
Auto Remarketing Staff
Saying that expansions will remain an important aspect of its investment strategy, global digital marketplace IAA said it was increasing capacity of its IAA High Desert branch in California and would also increase capacity in the overall Boston market. Regarding expansions in IAA’s Boston market, which will span the IAA Taunton, Templeton, and Shirley branch […] [Read More]
ACV launches revamped marketplace
Friday, Dec. 18, 2020, 03:28 PM
Auto Remarketing Staff
ACV Auctions has redesigned its online buying experience, launching Marketplace 2.0 on Friday. The revamped marketplace is designed to provide a more streamlined interface, customized alerts, real-time notifications on auction activity, as well as new options for searching, browsing and filtering. “For dealers, time is money, and our platform enables them to make the most […] [Read More]
Lane watch: Current consignor aggression not uniform at the auction
Wednesday, Dec. 16, 2020, 07:29 PM
Auto Remarketing Staff
If consignors were football teams, how they’re approaching the current wholesale market might be similar to how the gridiron participants can move the ball down the field. Some football teams methodically run the ball, gaining yards in small chunks. Other squads throw the ball deep downfield to get significant yardage quickly. Consignors appear to be […] [Read More]
Copart’s Macon facility now spans 65 acres
Wednesday, Dec. 16, 2020, 06:41 PM
Auto Remarketing Staff
Global online auto auction company, Copart, has expanded its Macon, Ga., location, with Copart president Jeff Liaw calling the move a step ahead for the company in central Georgia. With the expansion, the facility now features 65 acres along with additional vehicle storage and operations capacity. To place bids on vehicles through Copart’s online auction […] [Read More]
ServNet leader proud of independent auctions’ response to pandemic
Monday, Dec. 14, 2020, 07:26 PM
Joe Overby, Senior Editor
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]
Q&A with National Remarketing Executives of the Year
Friday, Dec. 11, 2020, 06:05 PM
Auto Remarketing Staff
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]
America’s Auto Auction places spotlight on Lococo
Thursday, Dec. 10, 2020, 06:56 PM
Auto Remarketing Staff
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]
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