IAA on Thursday announced branch relocations and expansions in five markets, stating that the five locations now provide more inventory storage in addition to updated branch facilities. The relocated and expanded branches include: — IAA Fontana, 9951 Banana Ave., Fontana, Calif. — IAA El Paso, 14751 Marina Ave., El Paso, Texas — IAA Roanoke, 1576 […] [Read More]

The National Auto Auction Association has cancelled its 2020 annual convention, NAAA president Laura Taylor said in a letter to association members Thursday. The NAAA Executive Committee voted Wednesday to cancel the convention, which had been scheduled for October 6-8 in Dallas. In the letter, Taylor called the decision “hard to make, but the right […] [Read More]

In this episode of the Auto Remarketing Podcast, Cherokee Media Group president Bill Zadeits chats with John Mathiowetz of IAA. They talk about how IAA has weathered the pandemic, the acceleration of the transition to IAA's 100% digital platform, IAA's marshaling services during the pandemic, views of the wholesale market and more. To listen to […] [Read More]

Another independent auto auction has lined up EBlock to provide an avenue into dealer-to-dealer online wholesale segment. Akron Auto Auction announced the partnership with EBlock on Tuesday and said the first auction sales event between the two companies will be on June 18. EBlock and Akron Auto Auction will then hold online dealer-to-dealer sales each […] [Read More]

Because of the COVID-19 pandemic and corporate travel restrictions, the International Automotive Remarketing Alliance has “revised its strategy” for its 2020 IARA Summer Roundtable Conference and will produce the “2020 IARA Virtual Summer Roundtable.” “IARA’s first consideration is the health and safety of its members and guests,” IARA president Paul Seger said in a news […] [Read More]

Both Black Book and Cox Automotive released their monthly wholesale indices for May in recent days, each remarking how some stabilization arrived in the space when compared to the COVID-19 induced turbulence seen in April. Cox Automotive reported wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 8.96% month-over-month in May; a […] [Read More]

Manheim is allowing consignor representatives back on the auction block this week to rep their vehicles during sales, which remain in Simulcast-only mode. The auction company is also looking at ways to safely bring bidders back to the auction arena and could be piloting those plans at locations towards the end of June. These updates […] [Read More]

Warren Byrd not only is departing his executive role with KAR Global; the wholesale industry veteran also is giving up his leadership position with the National Auto Auction Association. On Monday, NAAA announced that Byrd has decided to step down from the association’s board of directors after more than a decade of service on the […] [Read More]

Two fleet management companies announced vehicle maintenance initiatives this week, one that addresses COVID-19 challenges by providing contact-free vehicle maintenance services for cars and light-duty vehicles. Fleet management and driver mobility services company LeasePlan USA on Wednesday said it has partnered with automotive mobile maintenance and repair services provider YourMechanic to provide those contact-free maintenance services […] [Read More]

KAR Global announced on Friday morning that long-time senior executive Warren Byrd will step down after 23 years with the company. Byrd most recently served the company as executive vice present of corporate development and real estate for the past 10 years, overseeing all corporate development projects and real estate acquisitions within its portfolio, including […] [Read More]