The deadline to participate in Auto Remarketing's “Auction Life” photo spread is near.  For NAAA-member auto auctions who would like to participate, please submit photos in a zipped file with the auction(s) name included to the below Dropbox link no later than 5 p.m. ET on Tuesday (Sept. 3). Dropbox for NAAA Auction Life Photos They will need to be in high-resolution, […] [Read More]

Following the retirement this month of former XLerate Group Auctions’ Greater Kalamazoo Auto Auction owner and general manager, Eric Wagner was named the new general manager of GKAA. Wagner brings more than 30 years of auto auction experience for independent and corporate-owned auctions to his new role as general manager. Wagner is originally from Toledo, […] [Read More]

Just like consumers, dealers are trying to find affordable vehicles. And the newest Black Book Market Insights report showed both groups might be having trouble achieving that goal. In fact, analysts determined that overall car segment values rose this past week, mimicking a scenario spotted at this time a year ago. “History repeats itself with […] [Read More]

Editor's Note: This is the second in a three-part series on the auto auction operations of KAR Auction Services. Part I discusses the focus on revenue per unit at ADESA and Part III discusses potential expansion at KAR. KAR Auction Services made a change on Aug. 1 that could end up being mutually beneficial to both its ADESA physical […] [Read More]

Editor's Note: This is the first in a three-part series on the auto auction operations of KAR Auction Services. Part II discusses the alignment of sales forces at KAR's ADESA and TradeRev business units, and Part III discusses potential expansion.  It’s about generating more revenue per unit. That will likely be one theme for the auto auction […] [Read More]

The team at J.D. Power Valuation Services pinpointed three reasons why used-vehicle wholesale prices through July on average came in 2.1% higher than during the same seven-month period in 2018. In the latest edition of Guidelines, analysts attributed the factors triggering that wholesale-price growth as: — Higher new-vehicle prices and affordability concerns — High levels of […] [Read More]

A 40-acre expansion of Copart’s Atlanta East location, which the online vehicle auction company announced on Friday, marks the second time Copart has expanded that location this year. Copart said the expansion is a continuation of the execution of its capacity growth initiative. This location is one of nine Copart locations in Georgia. Copart’s Atlanta East auctions […] [Read More]

DAA Northwest Auto Auction made a long-term commitment four years ago to Sunset Elementary students and staff, “adopting” the school that is located just two miles from its site. More than 200 auction employees volunteer to participate in a payroll deduction plan, providing healthy weekend snacks to students through the “Bite2Go” program. The program includes […] [Read More]

Manheim says it is ramping up its investment in Simulcast and plans to add a host of new features to the digital auction platform later this year and early next. The company declined to provide a specific breakdown of the investment but did note that it is part of the 2-year, $100 million overall digital […] [Read More]

Chosen in part because of its support of local police and fire departments, veterans, citywide events and municipal projects, ADESA Boston was named the National Auto Auction Association’s 2019 Eastern Chapter Auto Auction of the Year for its exceptional community service. In an earlier announcement, NAAA named Louisiana’s 1st Choice Auto Auction as the winner […] [Read More]