In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features.  Next up is Mark Endras, chief technology officer and co-founder of TradeRev. Auto Remarketing: TradeRev brought artificial intelligence to its platform via […] [Read More]

With this past week marking roughly about a third of summertime unofficially remaining, the juncture also represented a span when values for both cars and trucks softened at greater rates than earlier in the season, according to the newest Black Book Market Insights report. Based on volume-weighted information, analysts discovered overall car segment values decreased […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features.  Next up is Grace Huang, president of Manheim. Auto Remarketing: I recently visited Manheim Metro Atlanta, the former auto auction that now […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features.  First up is George Chamoun, chief executive officer of ACV Auctions. Auto Remarketing: For wholesale buyers who aren’t 100% comfortable buying online, […] [Read More]

At the highest level, Black Book’s Used Vehicle Retention Index remained steady in July compared to June, as analysts pegged the latest reading at 115. However, looking deeper into the data, Black Book uncovered some notable value movements, mentioning four vehicle segments in particular. Analysts noticed values of compact crossovers (up 0.82%) and sporty cars […] [Read More]

As ADESA continues its focus on “creating a more seamless customer experience,” as its chief commercial officer puts it, the company has created a new role, naming a new vice president of major dealer accounts. In the new position, Scott Drehs will “direct and activate” the team that works to develop relationships with ADESA’s large-scale […] [Read More]

Just a little more than a month since spinning off as its own entity, IAA, Inc. announced the purchase of an electronic lien and title technology firm on Wednesday afternoon. IAA said it has acquired Lexington, S.C.-based DDI Technology for approximately $17 million (a purchase price that could climb by $4.1 million during the next […] [Read More]

Along with three notable anecdotes from the lanes and prices steadying a bit compared to earlier this month, this week’s Black Book Market Insights report contained a development that editors haven’t seen in 14 years. While the overall used-vehicle market has remained stable during the past three years, Black Book noticed wholesale values in the […] [Read More]

ADESA’s announcement that it has named general managers at three of its locations is an indication of “our deep bench strength and our appeal to outside candidates,” said ADESA chief operating officer Srisu Subrahmanyam. The new general managers are Brian Wong at ADESA Flint, Mark Melton at ADESA Las Vegas and Eric Carpenter at ADESA […] [Read More]

Samantha Flores was working as a night security officer, but she saw no future in that role. Then, she saw an online ad for a Manheim program that seeks to help its operating locations nationwide identify, recruit and hire entry-level auto technicians for their reconditioning centers. “When I saw an ad for the Manheim Apprentice […] [Read More]