Wholesale
SIXT claims top spot on USA TODAY list of 10 best rental car companies
Tuesday, May. 27, 2025, 01:46 PM
Andy Friedlander
USA TODAY announced its readers’ selections as the 10 best rental car companies, and SIXT did a little better than sixth. The Germany-based company took the No. 1 spot in the newspaper’s 10Best Readers’ Choice Awards list of outstanding rental car companies, topping Hertz, with ACE Rent A Car, 2024 winner Enterprise Rent-A-Car and National […] [Read More]
PODCAST: Watching for fraud in transportation space
Friday, May. 23, 2025, 10:55 AM
Auto Remarketing Staff
Unfortunately, vehicle transportation is another place where fraud can happen, not just in the financing and retailing parts of automotive. Autosled vice president of dealer sales Sam Goldenberg described how bad fraud can be in the transportation space as well as some guidance for clients to avoid it during an appearance on the Live Stage […] [Read More]
PODCAST: Making the most of relationships in remarketing
Friday, May. 23, 2025, 10:54 AM
Auto Remarketing Staff
Montway vice president of business development and industry relations Dave Sutton put it this way: “Bottom line, remarketing is a relationship industry.” What are the implications and opportunities this creates? Sutton answered that question and more during an appearance on the Live Stage presented by SYCN Auto Logistics at this spring’s Auto Intel Summit. The […] [Read More]
ServNet makes 2 leadership moves
Thursday, May. 22, 2025, 02:15 PM
Auto Remarketing Staff
ServNet Auction Group announced a pair of leadership moves on Thursday, appointing Billy Willis of Greenville Auto Auction to its board of directors and naming Mere Rangel of Big Valley Auto Auction as ServNet’s new member chair. Willis is general manager of Greenville AA, located in North Carolina, and has been with the auction since […] [Read More]
ADESA Nashville set as Carvana’s next combined auction-recon center
Thursday, May. 22, 2025, 11:19 AM
Auto Remarketing Staff
Carvana is bringing the next verse of its now-familiar song to the Music City. The online used-car retailer said it’s adding inspection and reconditioning center capabilities to its ADESA Nashville auction, making it the 10th and latest in a series of such combined facilities the company had originally dubbed “Megasites.” Carvana said the addition will […] [Read More]
Lane watch: Wholesale price rise streak ends at 10 straight weeks
Wednesday, May. 21, 2025, 03:06 PM
Auto Remarketing Staff
Well, if you had a little wager at your dealership or consignment department guessing how long wholesale values would increase because of tariffs and other factors, the person who predicted 10 weeks in a row would be the winner. Black Book reported that wholesale values dipped 0.03% last week, stopping the price climb that began […] [Read More]
Montway purchases luxury vehicle transport brokerage
Tuesday, May. 20, 2025, 03:25 PM
Auto Remarketing Staff
Montway Auto Transport, a third-party logistics brokerage, said Tuesday it acquired Angels Moving Autos, which is a luxury auto transport brokerage. Angels Moving Autos was founded in 2003 and provides “white-glove” enclosed and open vehicle shipping services. It offers services to dealerships and individuals for the transport of high-end sports cars, luxury vehicles, as well […] [Read More]
Rivian adds integration with Samsara to simplify EV fleet management
Tuesday, May. 20, 2025, 01:49 PM
Auto Remarketing Staff
Rivian has another platform partner for its fleet operations. Less than a week after announcing an integration with Bluedot’s platform to handle charging for its service fleet, the electric vehicle manufacturer has teamed with Samsara Inc. in a collaboration that allows Samsara customers to access data about the Rivian vehicles in their fleet on the […] [Read More]
Marketplace, relationships lead to strong OPENLANE earnings
Tuesday, May. 20, 2025, 12:00 PM
Daryl Lubinsky, Correspondent
Peter Kelly has said it before, and he said it again during OPENLANE’s first quarter 2025 earnings call on May 7: “OPENLANE is a digital marketplace in a relationship business.”
“And the relationships that our customers have with our people and our products are critical to our long-term success,” said Kelly, who is CEO of OPENLANE.
Kelly spent a good portion of the earnings call talking about how the company is ... [Read More]
NAAA highlights life of Stepter, former general counsel & supporter
Monday, May. 19, 2025, 03:48 PM
Auto Remarketing Staff
The National Auto Auction Association said Chuck Stepter passed away on May 11. NAAA highlighted Stepter was a longtime supporter of the association and served as its general counsel. Stepter also was an NAAA Warren Young, Sr. Scholastic Foundation Fellow and a member of the NAAA Honor Society. According to a message sent on Monday, […] [Read More]
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