Wholesale
KAR’s new chief privacy officer to help navigate ‘complex regulatory landscape’
Friday, Jan. 24, 2020, 07:08 PM
Auto Remarketing Staff
KAR Global vice president of intellectual property and technology counsel Michelle Bray will expand her responsibilities to include the role of chief privacy officer. She becomes the first in company history to serve in that role. “Protecting the privacy of our data and information is one of our highest priorities, and an expectation of our customers, […] [Read More]
IAA Baton Rouge branch relocates, expands in growing market
Friday, Jan. 24, 2020, 06:16 PM
Auto Remarketing Staff
IAA’s relocation of its Baton Rouge, La. branch adds capacity to the Gulf of Mexico region. In that area, catastrophic weather events occur regularly, said IAA chief executive officer and president John Kett. IAA said the move supports its growth in what it described as an expanding market. The new location, at 5978 Hwy 75, […] [Read More]
J.D. Power wholesale index halts run of monthly declines to finish 2019
Friday, Jan. 24, 2020, 05:05 PM
Auto Remarketing Staff
After reviewing its final data set of 2019, J.D. Power Valuation Services found that its Used Vehicle Price Index rose in December, ending a run of four consecutive months of declines. According to the latest installment of Guidelines, J.D. Power Valuation Services reported that its December index reading increased by 1.2% on a month-over-month basis […] [Read More]
Manheim rings in new year with 2 new GMs
Thursday, Jan. 23, 2020, 02:00 PM
Auto Remarketing Staff
Manheim has named two new general managers in its east and west regions that its division vice president Alan Lang says “exemplify Manheim’s commitment to a culture that encourages learning and development to drive better results for the business and clients.” The company named John Duplanty to take over leadership of Manheim Portland and Tom […] [Read More]
PODCAST: Remarketing for today’s customer
Wednesday, Jan. 22, 2020, 08:51 PM
Auto Remarketing Staff
In this edition of the Auto Remarketing Podcast, we continue with our special episodes recapping panel discussions from Used Car Week. Next up is a panel on "Remarketing for Today’s Customer." Moderated by Dan Kennedy of Jack Cooper Logistics, the panel includes Jason Alba of Ally, Tom Cornellier of Ford, Tyler Corder of Findlay Automotive Group, […] [Read More]
AFC says promotions ‘intensify customer focus’
Wednesday, Jan. 22, 2020, 06:34 PM
Auto Remarketing Staff
In naming Cassie Crampton director of sales training and Ed Andrews as senior director of major dealer accounts, Automotive Finance Corp. has created two new positions that AFC president Jim Money said is for the purpose of “devoting specialized resources to the field and leveraging the experience and industry relationships of two tenured members of […] [Read More]
Balmy January creates early signs of spring market
Tuesday, Jan. 21, 2020, 08:23 PM
Auto Remarketing Staff
While it might be frigid again in places like the Midwest and Northeast, unexpected mild weather for a good portion of January prompted dealers to flock to the auction to get a jump on the spring market. Black Book’s newest Market Insights report discussed the resulting price trends and scenes from the lanes. “The used […] [Read More]
KAR’s first chief people officer to focus on company culture
Tuesday, Jan. 21, 2020, 06:22 PM
Auto Remarketing Staff
After serving as vice president of litigation and employment counsel for KAR Auction Services, Lisa Price became executive vice president of human resources for the company in 2013. That involved making the leap from a 14-year legal career to transforming “how the company and its business units look at, recruit, measure, develop and promote people,” […] [Read More]
COMMENTARY: 3 factors that are redefining auto wholesale in 2020
Friday, Jan. 17, 2020, 07:29 PM
Zach Hallowell, Manheim
As we start a new decade, it’s safe to say the digital wholesale revolution is here. In 2019, nearly half of automotive wholesale transactions happened online. Now, on the cusp of that 50% digital sales threshold, we’re at a turning point where buyers and sellers have the opportunity to reshape how they do business for […] [Read More]
New self-service auto shipping option for classic-car buyers
Friday, Jan. 17, 2020, 06:45 PM
Auto Remarketing Staff
TheOldCarGuys describes itself as a website and service network that provides access to the inventory of more than 25 classic vehicle salvage yards with more than 65,000 cars and trucks … “and maybe a tank or two.” Now, auto transportation, technology and service provider ShipYourCarNow is partnering with TheOldCarGuys to provide self-service auto shipping for […] [Read More]
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