In a stream of summer auto auction news, ServNet Auction Group announced in a newsletter update that Louisiana’s 1st Choice Auction Auction has increased its OVE.com sales by 68 percent over last year, and the Greater Rockford Auto Auction just held its “GRAA'lapalooza” 44th Anniversary Sale earlier this month.  Louisiana’s 1st Choice reaps rewards of […] [Read More]

For this episode, Auto Remarketing senior editor Joe Overby sits down with Black Book's Jared Kalfus in Las Vegas during NADA Show 2018 in March to talk about using VIN-specific car history data to generate more precise vehicle valuations. The full discussion can be found below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can also […] [Read More]

America’s Auto Auction has brought on a new national accounts manager who will represent the company’s 21 independent auto auction locations. Rachel Ballard, the newest America’s AA national sales team member, was recognized as a 2016 Women in Remarketing honoree while serving as the national accounts manager at Capital City Auto Auction. “It is with much excitement and […] [Read More]

ADESA has made recent back-to-back appointments including a new executive sales director and two new California auction general managers. The company announced that Rod Thompson, who most recently served as GM at ADESA Tulsa, will now manage ADESA’s commercial client relationships and leading commercial client efforts. Meanwhile, Bobby Sylvester has been named GM of ADESA San Diego, […] [Read More]

Lease returns have been one of the dominant discussion points in the auto industry over the last few years, and rightfully so, given the influx in volumes that are now approaching a peak.  But when you think about lease returns and their impact to wholesale markets, only a “subset” of the off-lease volume ends up […] [Read More]

Dealers Auto Auction Group has a long history of giving back to the community as DAAG supports many local charities throughout the course of the year. Collectively, the group’s recent efforts have led to more than $122,000 being awarded to a wide array of organizations. DAA of Huntsville just celebrated its 14th anniversary sale with […] [Read More]

Perhaps not as difficult as finding that needle in the proverbial haystack, Black Book’s latest anecdotes from the lanes again described how dealers are having difficulties finding clean vehicles at the auction without completely depleting their floorplan funds. Before getting into bidding activities, this week’s edition of Black Book Market Insights showed how prices aren’t […] [Read More]

As part of Manheim’s “Race to Give” program, Remarketing by Element is donating two emergency response vehicles to the American Red Cross. Manheim locations across the country recently competed to win the companywide “Race to Give” fundraising initiative for a chance to win a vehicle donation provided by Remarketing by Element for their local Red Cross location's disaster relief […] [Read More]

CarLotz has set up shop in Chicagoland. The used-vehicle consignment and remarketing business announced its seventh store on Wednesday, opening a location — its largest to date — in the Chicago suburb of Downer’s Grove, Ill. This is also the first location in the Midwest for CarLotz, which launched in 2011 in Virginia and has […] [Read More]

Those in the vehicle logistics industry have known for a while that a shortage of long-haul truck drivers in the United States over the last several years has impacted costs and delivery times. According to a report from the American Trucking Association, the U.S. had a shortage of 51,000 truck drivers at the end of […] [Read More]