Wholesale
NAAA names vice president for 2020-2021 term
Tuesday, Oct. 20, 2020, 08:27 PM
Auto Remarketing Staff
The National Auto Auction Association has elected its vice president to serve alongside NAAA president Julie Picard and president-elect R. Charles Nichols for its 2020-2021 term. Elected to the VP role is Garrison Hudkins, who is VP of Southern Auto Auction in East Windsor, Conn., along with Easton Powersports Auction and SAFS, Inc. Hudkins’ grandfather-in-law […] [Read More]
TradeRev relaunches Move Metal transport guarantee
Tuesday, Oct. 20, 2020, 05:59 PM
Auto Remarketing Staff
TradeRev is bringing back its Move Metal transport guarantee, which guarantees dealers that all vehicles purchased with transport in the app within 300 miles of their lot will arrive within three business days or fewer. If not, the delivery charge is free. TradeRev is a digital marketplace platform of KAR Global, and the company said it […] [Read More]
Relocated and expanded IAA St. Louis East branch supports customers’ capacity needs
Monday, Oct. 19, 2020, 05:45 PM
Auto Remarketing Staff
Stating that the move supports the company’s growth in an expanding market, global digital marketplace IAA is expanding and relocating its St. Louis East branch to Caseyville, Ill. IAA said the new location updates the branch facilities and accommodates its customers’ increased capacity needs. The new site, which features a covered vehicle inspection center building […] [Read More]
At KAR, auction activities bounce back, move further online
Thursday, Oct. 15, 2020, 08:32 PM
Joe Overby, Senior Editor
Exactly seven months ago Friday, KAR Global announced all ADESA auction locations in the U.S. and Canada would temporarily, but immediately, move to simulcast-only amid the COVID-19 pandemic. Four days later, KAR would temporarily halt all ADESA physical auction operations, including simulcast, before gradually resuming some simulcast activities beginning in early April. Operations have been opening up […] [Read More]
New KAR program aims to simplify customer experience
Thursday, Oct. 15, 2020, 06:00 PM
Auto Remarketing Staff
Stating that it will align core competencies from across its portfolio of companies in the areas of customer support, logistics, assurance, and titles, payment and funding, KAR Global said Thursday it has created a “customer experience center of operational excellence.” The company said the center will simplify how customers interact and transact with the company. It […] [Read More]
Lane watch: Why dealers are now ‘exercising caution’
Wednesday, Oct. 14, 2020, 06:47 PM
Auto Remarketing Staff
Dealerships sold millions of used vehicles during the summertime, including a four-month stretch of year-over-year sales gains. However, Black Book isn’t necessarily seeing buyers and managers rushing to replenish store inventory. According to their newest COVID-19 Market Insights released on Tuesday, analysts highlighted a typical autumn wholesale price cooldown, explaining that those softer prices aren’t […] [Read More]
ACV names CFO, VP of people and culture
Wednesday, Oct. 14, 2020, 03:20 PM
Auto Remarketing Staff
ACV Auctions welcomed two new executives with vast experience from outside the automotive industry to support enhancements within the company’s financial operations and continued advancement of its workplace and culture. According to a news release distributed on Tuesday, the new chief financial officer at ACV is Bill Zerella and its vice president of people and […] [Read More]
Manheim Logistics-DHL partnership aims for efficiency, potential expansion into digital retail
Wednesday, Oct. 14, 2020, 02:08 PM
Joe Overby, Senior Editor
Earlier this month, Manheim Logistics and DHL Supply Chain announced an exclusive partnership to help build “a more holistic transportation management system” with the goal of continuing to boost efficiency and transparency. Manheim Logistics, which facilitates about 10 million vehicle shipments annually through its Central Dispatch and Ready Logistics platforms, is turning to DHL Supply […] [Read More]
Manheim adds locations to mobile auction sales program
Tuesday, Oct. 13, 2020, 07:49 PM
Auto Remarketing Staff
Manheim has expanded its mobile auction network, with a new mobile sale launching Wednesday in Rochester, N.Y. The company is conducting the Manheim Rochester site in partnership with Bob Johnson Automotive Group. Manheim Rochester, which was previously Central Auto Auction, is the auction company’s first physical presence in the area. (A Manheim spokesperson confirmed that […] [Read More]
New president and COO for Holman Enterprises
Monday, Oct. 12, 2020, 07:51 PM
Auto Remarketing Staff
Holman Enterprises, which is a global automotive services organization, has named Chris Conroy president and chief operating officer, while also announcing several additional leadership changes that it said will support its “continued evolution” and further align its automotive core competencies. Holman said Brian Bates will continue to lead the organization’s retail division, Holman Automotive. The company said […] [Read More]
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