Wholesale
Copart aims for whole car operations to ‘increase dramatically,’ including through M&A
Joe Overby, Senior Editor
Copart — and most any publicly traded company in the auto industry, for that matter — doesn’t typically hold conference calls between their regularly scheduled quarterly earnings calls with the investment community. But this year is a little different for the online vehicle auction company. On June 29, Copart announced a CEO transition, under which […] [Read More]
ACV & Super Dispatch target more flexibility for carriers via expanded partnership
Auto Remarketing Staff
Super Dispatch and ACV Transportation expanded their partnership on Wednesday in a move meant to give auto transport carriers more flexibility in how they manage vehicle shipments. According to a news release, carriers can now choose to manage loads via ACV Transportation directly within Super Dispatch, eliminating duplicate data entry while allowing ACV and its […] [Read More]
Copart welcomes seasoned attorney to board of directors
Auto Remarketing Staff
After making changes to top leadership earlier this summer — including its CEO as well as its president — Copart announced on Tuesday that David Berger has joined its board of directors in a move that was effective last Thursday. According to a company news release, Berger currently serves as a senior partner of Wilson Sonsini […] [Read More]
ACV’s VIPER now available to dealership service departments nationwide
Auto Remarketing Staff
Dealerships nationwide now can use the capabilities of VIPER from ACV Auctions. For example, like how they’re boosting the service drive at Plaza Auto Mall. “VIPER has fundamentally changed how we approach our service lane,” said Rob Patel, who is director of variable and internal fixed operations at Plaza Auto Mall, which has Honda, Toyota, […] [Read More]
Evolution of the auction: Digital offerings, data provide transparency, efficiency & more opportunities
Sarah Rubenoff, Correspondent
Today, wholesale buying and selling is driven by more than gut feeling and experience. Fred Stark, CarMax’s regional vice president of auction services, said today’s decisions are driven instead by data. “There is still a savviness needed in this industry, but a lot of it is more geared toward algorithms and just more data-driven all […] [Read More]
Evolution of the auction: Wholesale industry still built on brick-and-mortar
Sarah Rubenoff, Correspondent
What it means to be an auction is changing. Some of these shifts have happened over the years, while others seem to have occurred overnight. Consider the current environment: Digital used-car retailer Carvana now owns ADESA's U.S. auctions and has launched inspection and reconditioning centers. ACV started as a digital platform but is now a […] [Read More]
Publicly traded wholesale vehicle marketplaces show strength in 2026
Joe Overby, Senior Editor
As the National Auto Auction Association reported last month through its AuctionNet data, the opening six months of 2026 marked the strongest first half for auction vehicle sales in seven years. There were nearly 3.7 million vehicle sales at AuctionNet-participating auctions, the highest first-half tally since 2019. Drilling down into the most recent results from […] [Read More]
Off-lease surge, repos, point to auction industry strength
Daryl Lubinsky, Correspondent
Annual depreciation for used vehicles on average has been historically between about 16 and 18%. Last year that figure was 13%, said Larry Dixon, vice president of Auction Data Solutions/AuctionNet at the National Auto Auction Association. “This year we’re trending to about 12% to let’s call it 14%, so very similar to what we saw […] [Read More]
CarMax Auctions simplifies auction registration process for dealers
Auto Remarketing Staff
Getting your kid registered for classes at college or registering a vehicle with the DMV is tricky enough. CarMax Auctions wants to make registering for its weekly sales easy. The wholesale auto auction operator revealed a new streamlined registration process Wednesday that’s designed to make it easier for car dealers to access its online sales. […] [Read More]
ACERTUS buys Fisher Shipping
Auto Remarketing Staff
ACERTUS announced on Tuesday it has acquired vehicle transport provider Fisher Shipping. It’s a move the auto logistics-as-a-service platform says broadens its network of carriers and customers, while also deepening its transport expertise and relationships across key automaker and dealer segments. The purchase of Fisher “expands our platform and deepens our ability to serve the […] [Read More]
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