Insurance Auto Auctions announced Tuesday that it has concluded building its 11th Florida branch facility in Pasco County. This announcement comes just days after IAA announced that it opened a newly relocated Wichita, Kan., branch on Friday. Located about 45 miles north of Tampa, not only does IAA’s newest Florida branch expand the company’s footprint in the […] [Read More]

Black Book looked to put some data and analysis toward questions used-car managers might be asking. On Monday, editors made available a new analytics-driven report that looks at why certain vehicle models were discontinued over the last several years, and how they’ve retained their values since discontinuation. Black Book examined 12 models, including: — Mazda […] [Read More]

Dealers buying on TradeRev from sellers in certain states can now make the most of free vehicle transportation, the company announced Thursday. TradeRev and fellow  KAR Auction Services business unit CarsArrive Network have teamed up to run a cross-country promotion that gives buyers from sellers in qualifying states free TradeRev vehicle transportation. In a part of the program that started July […] [Read More]

After a successful pilot program, Manheim announced today its seller-focused mobile app Manheim Express is now available nationwide.  The app is free to download on Apple, and will be coming to Android later in the fall. The company shared that as upstream and digital sales channels continue to become more prevalent in the industry, Manheim […] [Read More]

Compact-car prices have stayed strong for much of the year, but Black Book editors noticed these particular vehicles took a bit of dip.   This week’s Market Insights report from Black Book showed that while cars and trucks overall saw very similar depreciation last week, compact cars saw what editors called a “big drop” compared […] [Read More]

Country music’s Big & Rich duo will hit the stage at KCI Kansas City’s annual Guitars and Cars sale this August. In a newsletter update, ServNet Auction Group said that KCI Kansas City first announced that Big & Rich’s William "Big" Kenny and John Rich would join its annual sale to a crowd of dealers earlier […] [Read More]

KAR Auction Services Inc. revealed Tuesday morning it has become the first remarketer to join the Mobility Open Blockchain Initiative, also known as MOBI. As the first remarketer, KAR joins what is described as a member-driven consortium of global automotive industry leaders, the goal of which is to explore blockchain tech use in the “digital […] [Read More]

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]