Lane watch: Back to typical depreciation readings as 2025 winds down
Wednesday, Dec. 10, 2025, 03:45 PM
Auction Academy president Wanna looks back at an ‘energizing’ year
Wednesday, Dec. 10, 2025, 02:32 PM
Commercial consignor sales at auction reflect strength in off-rental, repo volumes
Tuesday, Dec. 9, 2025, 01:44 PM
Wholesale
IAA at Year 1; Copart at Year 25 as public salvage auction companies
Monday, Sep. 23, 2019, 08:07 PM
Nick Zulovich, Staff Writer
Two of the largest salvage auction companies are in different stages of their journeys as publicly traded companies. One on its way toward a first anniversary; the other breaking out silver to celebrate. For IAA, it’s taking its first steps being public after completing the spin-off from KAR Auction Services earlier this calendar year. For […] [Read More]
Cox Enterprises appoints Kovac to help highlight company as leading employer
Monday, Sep. 23, 2019, 07:40 PM
Auto Remarketing Staff
Cox Enterprises executive vice president and chief people and operations officer Jill Campbell says that Cox Enterprises has cultivated a unique culture that has empowered employees, invested deeply in communities and broken new ground in cutting-edge industries for more than 120 years. Commenting on the appointment of John Kovac as senior vice president, brand, marketing […] [Read More]
Owners of Indiana Auto Auction buy Fort Wayne Auto Truck Auction
Monday, Sep. 23, 2019, 04:51 PM
Auto Remarketing Staff
The Stanley-Autenrieth Auction Group, which includes Indiana Auto Auction and Carolina Auto Auction, has purchased the Fort Wayne Auto Truck Auction in Indiana. As part of the move, which was effective Sept. 13, Fort Wayne’s consignment and sales are being merged into Indiana Auto Auction. Both the Fort Wayne and Indiana auctions are in Fort Wayne, […] [Read More]
IAA Lexington strategically located for hurricane-prone region
Friday, Sep. 20, 2019, 07:30 PM
Auto Remarketing Staff
In celebrating the grand opening of its Lexington, S.C. facility on Sept. 11, IAA said the facility will help accommodate increased customer capacity demands. However, the facility, which is IAA’s fourth branch in South Carolina, will “strategically enhance” IAA’s ability to serve the hurricane-prone Atlantic coastal region. “We are pleased to open this branch, which […] [Read More]
Demand for affordable transportation leaves mark on August prices
Friday, Sep. 20, 2019, 06:42 PM
Auto Remarketing Staff
With consumers looking for affordable transportation, demand for compact and midsize cars is generating enough price movement to influence overall wholesale market metrics, according to the latest installment of Guidelines from J.D. Power Valuation Services. Analysts reported data through August that showed used-vehicle prices are 2% higher on average than during the same eight-month period […] [Read More]
ADESA, FCA host simulcast auction at CPO dealer event
Friday, Sep. 20, 2019, 04:02 PM
Auto Remarketing Staff
You’re a car dealer attending a conference on certified pre-owned in Las Vegas, and then an auto auction sale breaks out. While perhaps not as simple as that description, Fiat Chrysler dealers got to experience something similar at FCA’s inaugural national CPOV dealer meeting earlier this week. ADESA teamed up with FCA for a pilot […] [Read More]
United Road’s new logistics tech platform targets growth, relationships
Thursday, Sep. 19, 2019, 07:32 PM
Auto Remarketing Staff
Mark Anderson says strategic acquisitions over the past six years have resulted in an expanded U.S. and Canada footprint for finished vehicle logistics provider United Road. That has allowed United Road to open new markets and expand capacity, said Anderson, who is president and chief executive officer of the company. “Having a strong relationship with […] [Read More]
Auction roundup: Mahugh honored; Manheim ‘Touch-A-Truck’
Thursday, Sep. 19, 2019, 06:11 PM
Auto Remarketing Staff
Greg Mahugh has played an important role in many auction industry programs, and he has been “a quiet force behind the scenes” in serving the National Auto Auction Association’s legislative and political action committees, said NAAA president Chad Bailey. “And although he’s retired from the McConkey Auction Group’s day-to-day operations, Greg continues to serve on […] [Read More]
Executive Profile: Manheim president Grace Huang
Wednesday, Sep. 18, 2019, 08:09 PM
Joe Overby, Senior Editor
During the fifth annual HERstory event held on International Women’s Day in March, Manheim president Grace Huang shared a few key messages during the event, which is put on by Cox Enterprises in recognition of Women’s History Month. One of those messages she spoke to, in addition to other insights, is found on a rock […] [Read More]
Kelley Blue Book unveils Instant Cash Offer enhancements
Wednesday, Sep. 18, 2019, 07:25 PM
Auto Remarketing Staff
Kelley Blue Book says the modernized look and feel of its newly redesigned Instant Cash Offer consumer experience and updated Instant Cash Offer Dealer Admin Tool make the trade-in and car-buying process more transparent and efficient for consumers and dealers. The company says its all-new Instant Cash Offer consumer experience strengthens the tool, which it […] [Read More]
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