A new expansion of online vehicle auction company Copart’s Atlanta East facility in Georgia adds 20 acres to its existing 54 acres of storage capacity. Copart said in a news release that it expanded the site — at 6089 Highway 20 in Loganville, Ga. — to help meet increased demands of its Atlanta metropolitan area customers. […] [Read More]

With observers noticing some cleaner vehicles moving down the lanes, Black Book said its data showed this year’s spring market extending into a seventh week. This week’s Market Insights report also offered a glimpse into the latest specialty markets as the industry sets its target on summertime wholesale and retail activities. “Markets registered a slight […] [Read More]

Auto Remarketing has learned that longtime auto auction industry leader Jim DesRochers has died. DesRochers, who was president of the National Auto Auction Association in 2005 and a regular contributor to Auto Remarketing, passed away April 29 in Mesa, Ariz. He was 71. DesRochers, whose career in the car business ran for more than 45 […] [Read More]

Despite the Black Book Used Vehicle Retention Index now falling for five straight months, the latest reading is still 1.4% higher than a year ago. Black Book reported on Monday that the April index reading came in at 113.6, representing a 0.2% dip from the March level of 113.8. And editors pointed out their latest […] [Read More]

Vehicle sales at National Auto Auction Association-member auctions remained fairly steady year-over-year in 2018, with the projected gross of those sales up nearly 2% — this despite a 4.2% decrease in the number of vehicles entering those auctions' lanes. That’s according to the association’s annual survey released Wednesday, which found that there were 9.9 million vehicles […] [Read More]

Auto Auction Holdings has chosen Xcira as the technology provider for its four sites. Xcira will offer services such as an integrated auction management system, a dealer community, and the proprietary OnLine Ringman system for AAH’s Orlando Longwood, South Florida Auto Auction, Speedway Auto Auction of Charlotte and Music City Auction of Nashville. Xcira said in […] [Read More]

ADESA’s newly relocated facility serving Mexico City sits on 13 acres of land strategically near major thoroughfares in neighboring Toluca. It features enhancements such as additional on-site security and reconditioning resources. The new location will help meet needs related to ADESA’s continued growth, as well as for future vehicle volume increases and the needs of […] [Read More]

Evidently the closer the wholesale market moved toward May, the more pricing intensity germinating from this year’s spring market started to diminish. This week’s Market Insights report from Black Book offered data that suggested the spring market is beginning to lose some of its steam, especially with units not immediately heading for dealer inventory. “Spring […] [Read More]

Direct Auction Services has named Marco Soria as national operations manager for its Direct Reconditioning division. Soria will work to standardize company processes for all aspects of vehicle reconditioning. Soria most recently served for more than 10 years as operations manager at ADESA Sarasota. Before his time at ADESA Sarasota, he was operations manager at […] [Read More]

Much like the 30 clubs of Major League Baseball, General Motors Financial is spending April through October crisscrossing the country. But instead of fielding grounders and belting out doubles, GM Financial will be providing dealers access to “thousands of the best pre-owned GM vehicles” through its sixth annual Elite Sales series. This year’s baseball-themed series […] [Read More]