Dealers Auto Auction of Chattanooga says auctions receiving ARI’s regional award must prove their performance every day of the year. ARI’s various benchmarks for each auction partner include days to sell, days to condition report, percentage of Black Book, and days to fund. Dealers Auto Auction of Chattanooga said on March 17 that it received […] [Read More]

Next up in our series of Auto Remarketing Podcast episodes recorded at NADA Show 2020 last month is a conversation with Kirsten Von Busch, senior product manager for Experian AutoCheck. Von Busch shares how a growing used-car market underscores the importance of vehicle history reports, how AutoCheck uses data to help the remarketing industry, recall repairs […] [Read More]

KAR Global is stopping all ADESA physical sale operations throughout North America — including simulcast-only sales — “for at least the next two weeks,” the company said in a statement Friday. Previously, auctions were set to go simulcast-only through April 3.  As for Friday's news, KAR plans to maintain minimal essential operations at those auctions — […] [Read More]

In light of the state’s Stay-At-Home Executive Order from Gov. Gavin Newsom, ADESA has closed its California auctions until further notice, the company said via Twitter on Friday. That includes its Brasher’s, Fresno, Golden Gate, Los Angeles, Sacramento and San Diego locations in the state. Similarly, ADESA Reno and ADESA Las Vegas will remain closed […] [Read More]

Manheim said Wednesday that it is not permitting buyers or sellers to come to its auctions on sale or non-sale days, unless it is to preview sale inventory or for vehicle pickup/delivery — provided staffing and local ordinances allow for it. The auction company shifted all of its sales to Simulcast-only on Monday, a move […] [Read More]

Summertime attendees at Brasher’s Sacramento Auto Auction around the late 1970s might have noticed a 6-year-old boy emptying ashtrays and restocking the soda machines. The youngster was John Brasher, and when he was 7 or 8, he moved up to work at the auction’s snack bar counter, selling popcorn and drinks. “I figured out in […] [Read More]

UPDATE: McConkey Auction Group, whose auctions are members of ServNet, said Wednesday afternoon that all of its sales will be virtual "until further notice." More details can be found in this LinkedIn post.  In an update shared Tuesday, independent auction group ServNet said its members are currently still holding sales as regularly scheduled, though some […] [Read More]

The auto auction industry is a fiercely competitive one, but in times of crisis, it tends to pull together for the greater good of the business. That’s what Frank Hackett, chief executive officer of the National Auto Auction Association, has observed through the ongoing COVID-19 pandemic. For the last two Mondays, Hackett has joined a […] [Read More]

Black Book vice president of automotive valuations Laura Wehunt tried to put a lighthearted spin on what’s happening in the wholesale market amid the coronavirus pandemic. “What do toilet paper, hand sanitizer and used cars have in common? They were all in demand last week,” Wehunt said in the latest installment of the Black Book […] [Read More]

Coinciding with announcements from Cox Automotive and KAR Global regarding their adjustments in conjunction with COVID-19, top executives at ACV Auctions, BacklotCars and IAA each posted letters online to their client bases, reiterating pledges to maintain operations and safety measures. George Chamoun, Justin Davis and John Kett — the respective leaders of ACV, BacklotCars and […] [Read More]