Manheim says that its introduction on Wednesday of personalized vehicle suggestions within its Manheim Market Report valuation tool means time savings for dealers, who will see “highly relevant and immediately available inventory” on a page that they use daily. Manheim says that dealers are seeing more of a need to use smart technology in making […] [Read More]

Dealers who might be accustomed to seeing wholesale prices cool a bit when the outside temperatures are their warmest likely are leaving the lanes disappointed. The latest Black Book Market Insights report again detailed how wholesale prices are holding at higher levels this summer. In fact, overall car segment values increased by 0.06% last week, […] [Read More]

If you’ve streamed music and movies or purchased shoes, food or other goods on an app, you’re likely familiar with personalized, tailored recommendations. While those are often based on viewing, browsing or purchasing behavior, a new recommendations tool in the wholesale auto industry appears to take that a step further. ADESA said Tuesday it has […] [Read More]

With its new program offering flat-rate pricing for automatic post-sale inspections, Manheim says that dealers can automatically receive inspections for all wholesale vehicle acquisitions at a “predictable, consistent rate.” The company said the new program can help increase dealer confidence in purchasing decisions within the wholesale used-vehicle marketplace. Through the program, Manheim said, dealers can […] [Read More]

Black Book says it has evolved into an advanced data and analytics company. The company notes that it now helps dealers, remarketers, lenders, integration partners, insurers, and other industry professionals use “precise valuation data” to make intelligent decisions. Because of that evolution, the company on Monday unveiled its new brand identity and website. Black Book […] [Read More]

“Unlocking hero status starts with performance measurement.” While it’s not certain if that quote in a recent AutoIMS presentation also applies to superhero status (i.e. Superman’s vertical leap measured in tall-buildings-per-single-bound), a new Sales Scorecard program from the company aims to give the remarketing industry sharper (if not x-ray) vision. Based on demand from the […] [Read More]

It’s been a busy month of expansions for IAA. IAA’s announcement on Thursday that it is expanding its Pulaski, Va., branch is the latest of a series of expansion news items for the global vehicle marketplace company this month. The company on Tuesday announced it was expanding its Fontana, Calif. branch. An additional announcement came […] [Read More]

JMN Logistics’ nearly $3 million investment into 16 new automotive transport trucks marks the company’s largest single capital investment into its fleet. JMN said it made the investment, announced on Tuesday, to meet increased demand for its core transport business.  Deliveries of the new assets for the automotive transport company have begun, with plans for delivery […] [Read More]

During the company’s quarterly earnings call this month, executives with KAR Auction Services didn’t rule out physical auction expansion in the future. But during a follow-up phone interview, chief financial officer Eric Loughmiller did explain that competing for market share in a given metro area no longer absolutely requires the ADESA business unit physically moving […] [Read More]

Independently owned marketing communications agency The Brandware Group has appointed former Cox Automotive public relations executive Lou Laste as agency chief executive officer. Laste, whose appointment is effective Sept. 9, will lead all agency strategy and operations at The Brandware Group, which is headquartered in Atlanta and provides public relations, social media, digital marketing, and content […] [Read More]