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]

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 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 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]

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]

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]

Electric vehicle-focused fleet management platform Bluedot announced it is now supporting EV manufacturer Rivian’s mobile service fleet operations to streamline its charging experience. The Bluedot platform is designed to simplify the charging process by providing unified access to chargers, as well as tracking and automated reimbursement capabilities. In a news release, Bluedot said it enhances […] [Read More]

Mike Browning, who is president of the NAAA Warren Young, Sr. Scholastic Foundation, sent a letter through the National Auto Auction Association on Monday in response to severe weather and tornadoes that ripped through Kentucky, Indiana, Illinois, and Missouri on Friday and Saturday. Among the reports from the National Weather Service, a tornado rated at […] [Read More]

Continuing an ongoing conversation with consignors, this episode of the Auto Remarketing Podcast originating from this spring’s Auto Intel Summit highlights how these wholesale market participants are leveraging innovation. Sharing their perspectives are John Urness of JPMorgan Chase, Stevo Trpovski of Ally, Kelsey Summs-Chitwood of Summs Skip and Collateral Solutions and Tom Gerst of TD […] [Read More]

A quartet of auction executives discussed remarketing in the “innovation era” during this spring’s Auto Intel Summit. Now available through this episode of the Auto Remarketing Podcast, addressing this topic are Greg Borowski of ACV Auctions, Nikki Behrens of ADESA, Joe Kichler of Cox Automotive and Chris Angelicchio of the ServNet Auction Group. Listen to […] [Read More]