Wholesale
PODCAST: Brett Woods, VP of Assurance at Manheim
Monday, Nov. 4, 2019, 04:21 PM
Auto Remarketing Staff
Brett Woods, who is vice president of Assurance at Manheim, sat down with senior editor Joe Overby at the recent NAAA Convention in Indianapolis for an episode of the Auto Remarketing Podcast. They talked about the growth in services like post-sale inspections, condition reports, imaging and more, and the impact of digital remarketing in this field. Hear […] [Read More]
2019 National Remarketing Executive of the Year: Steve Solomon of Santander
Monday, Nov. 4, 2019, 03:27 PM
Joe Overby, Senior Editor
Steve Solomon spent the first decade of his career in the finance group at the former Chrysler Corporation, and a job in used-car pricing gave him his “first taste” of the auto-auction business. Solomon would go on to hold other finance roles within the fleet organization at Chrysler, but when an opportunity came up in […] [Read More]
Best Auto Auctions: Finding and training the auction workforce
Friday, Nov. 1, 2019, 02:43 PM
Joe Overby, Senior Editor
As part of the Best Auto Auctions to Work For program, which is presented by CARS Recon, Auto Remarketing is provided with a wealth of data from the Best Companies Group, which manages the study and analyzes the data. Among the information provided by BCG is employee response benchmark data across eight categories and multiple employee survey data […] [Read More]
Best Auto Auctions: GMs talk safety, communication
Friday, Nov. 1, 2019, 02:16 PM
Joe Overby, Senior Editor
As part of the Best Auto Auctions to Work For program, which is presented by CARS Recon, Auto Remarketing is provided with a wealth of data from the Best Companies Group, which manages the study and analyzes the data. Among the information provided by BCG is employee response benchmark data across eight categories and multiple […] [Read More]
Best Auto Auctions to Work For: 2019 honorees
Wednesday, Oct. 30, 2019, 08:37 PM
Auto Remarketing Staff
Auto Remarketing’s Best Auctions to Work For, presented by CARS Recon, is a free workplace study for the auto-auction industry that recognizes the best auto auctions to work for on an unranked basis. It is designed and intended for individual physical auction locations and digital auctions, as well. Digital auction honorees are designated as such. […] [Read More]
J.D. Power Valuation Services maintains 2019 price forecast as year’s end draws closer
Wednesday, Oct. 30, 2019, 04:26 PM
Auto Remarketing Staff
With only a couple of months remaining in the year, J.D. Power Valuation Services is holding steady on its forecast for where wholesale prices are likely to land by the time 2019 finishes. Reiterating its forecast even though six consecutive months of index increases came to an end in September, analysts said used-vehicle prices are […] [Read More]
Wholesale value declines approach levels not seen since January
Tuesday, Oct. 29, 2019, 05:07 PM
Auto Remarketing Staff
The last time Black Book saw a weekly wholesale price decline this significant, individuals might have still had their New Year’s resolutions top of mind. And decreases might intensify as Black Book’s newest Market Insights report showed declines for both cars and trucks at much higher levels than the previous four-week averages. “Used-vehicle values experienced […] [Read More]
Report: Series E funding would make ACV’s valuation pass $1 billion
Monday, Oct. 28, 2019, 08:30 PM
Joe Overby, Senior Editor
One of the leading companies in the fast-growing and disruptive online auto auction space could see its valuation climb above $1 billion. According to a Reuters report on Friday, ACV Auctions has filed for a Series E round of funding, where it aims to raise $150 million. That round, Reuters reported, would lead to ACV […] [Read More]
PODCAST: Used Car Week closing keynote speaker Hallowell addresses digital wholesale & more
Monday, Oct. 28, 2019, 07:27 PM
Auto Remarketing Staff
Manheim Digital vice president Zach Hallowell, who is the closing keynote speaker at Used Car Week's National Remarketing Conference, sat down with senior editor Joe Overby at the recent NAAA Convention in Indianapolis for an episode of the Auto Remarketing Podcast. In the conversation, Hallowell shares how he sees the role of the brick-and-mortar auto auction […] [Read More]
Capps to lead Manheim sales, bring customized approach
Monday, Oct. 28, 2019, 05:26 PM
Auto Remarketing Staff
As vice president of commercial sales for Manheim since 2017, Holly Capps developed and executed a sales strategy that Cox Automotive says brought in almost $2 billion in annual revenue. The company said she grew business with key strategic clients. On Monday, the company announced it has promoted Capps to senior vice president of Manheim […] [Read More]
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