After a strong start to the year, wholesale vehicle prices remained “resilient” in April, but momentum from tax season has slowed. That, coupled with other market headwinds like the conflict in the Middle East and affordability, dimmed used-car prices slightly last month, industry observers report. For instance, Black Book’s Used Vehicle Retention Index came in […] [Read More]

A new auction is riding in from the West. Go West Auto Auctions announced it is launching an online wholesale auction for licensed retail/wholesale dealers in the Western U.S. In a news release, the company, based in Bend, Ore., said it’s “rebelling against the existing industry standards by putting dealers first, standardizing fee structures, offering […] [Read More]

ACV started as a digital auto auction marketplace in 2014, but in the dozen years since, it has expanded by acquisition and development to include a bevy of additional services for dealers. Including inventory management. ACV bought MAX Digital in 2021, a move that allowed ACV to offer dealers inventory and pricing guidance as well […] [Read More]

Carvana’s integrated auction-recon sites are coming fast and furious. On the heels of last week’s announcement of a combined facility at ADESA Syracuse, the online used-car retailer revealed plans for its next such site, this one at ADESA Chicago in Hoffman Estates, Ill., where an inspection and reconditioning center will be added to the existing […] [Read More]

Toya McLeod of Southlake, Texas won the top prize as the world champion auto auctioneer at the 2026 World Automobile Auctioneer Championship last week at Dealers Auto Auction Memphis in Eads, Tenn. Another Texan, Graci Sherman of Lubbock, claimed the ringman title, and Tennessee’s Blake Walker and Alabama’s Donnie Marr won the team competition. McLeod, […] [Read More]

Save the date for Used Car Week 2026, taking place Nov. 16–19 at the Manchester Grand Hyatt in San Diego. The Auto Fin Track covers the full spectrum of auto finance, from subprime to prime, and examines regulatory impacts and fintech issues such as artificial intelligence and emerging technologies. The National Remarketing Conference Track provides […] [Read More]

Black Book said its estimated reading of used retail days to turn is now at roughly 34 days. Turn time has remained at or below 40 days since the middle of February. Perhaps helping to keep that metric at that level is the “selective” behavior Black Book continues to see at auctions. According to the […] [Read More]

While much of Carvana’s recent quarterly update focused on its record-setting retail performance, founder and CEO Ernie Garcia also highlighted the positive steps of the company’s wholesale business. Especially ADESA Clear, the digital wholesale auction product of Carvana’s auto auction subsidiary. The platform rolled out in late 2023 and grew regionally in 2024 and the […] [Read More]

ACI Transport’s stock in trade has always been getting vehicles from one place to another. Now it’s giving them a place to stay, too. The freight brokerage firm specializing in coordinating multimodal transportation of vehicles and general commodity freight is expanding its offerings to include vehicle storage and freight warehousing services. CEO Gary Horton said […] [Read More]

ServNet Auction Group has selected 14 students as recipients of its annual scholarships. In a news release, the independent auto auction network said it is awarding a total of $42,000 in scholarships as part of its commitment to supporting education and investing in the future of its communities and industry. Eleven of the recipients will […] [Read More]