Wholesale
Dealers Auto Auction of Murfreesboro celebrates 9th anniversary
Thursday, Sep. 6, 2018, 05:01 PM
Auto Remarketing Staff
Celebrating nine was fine at Dealers Auto Auction of Murfreesboro. The auction commemorated its ninth anniversary with a promotional event that offered more than 900 vehicles and sold more than 450 units on Aug. 22. The event also raised money for the Hope Center Ministries. Together with dealers, the endeavor generated more than $45,000. Hope […] [Read More]
Hertz launches new promo program with chance to win rare Corvette
Wednesday, Sep. 5, 2018, 06:37 PM
Auto Remarketing Staff
Hertz is ramping up its rental service offerings, which includes the chance of to win a special edition Chevrolet Corvette. The company on Wednesday announced the launch of Hertz+, a new platform that can give customers access to more than 130,000 curated and unique experiences globally, including exclusive events, travel opportunities and more. To celebrate […] [Read More]
Avis Budget Group joins Internet of Things Consortium
Wednesday, Sep. 5, 2018, 04:00 PM
Auto Remarketing Staff
Avis Budget Group is looking to be at the forefront of technology involving the rental and remarketing arenas, so it joined another association on Wednesday. Avis Budget Group announced it has become a member of The Internet of Things Consortium (IoTC). The company has joined the consortium given the critical role that IoT technologies are […] [Read More]
Lane watch: Auctions and dealers eager for volume rise
Tuesday, Sep. 4, 2018, 03:47 PM
Auto Remarketing Staff
Along with sharing its latest update on the specialty markets, Black Book reported that wholesale prices remained steady and volume a bit constricted as the calendar flipped to September. The latest Market Insights report highlighted the strength mainstream sedans have had in the market. Coupled with the effects of increased SUV inventory over the last […] [Read More]
Copart adds seventh location in Brazil
Tuesday, Sep. 4, 2018, 02:37 PM
Auto Remarketing Staff
On Tuesday, Copart announced the opening of its seventh location in Brazil. The facility is located at Estrada da Roseira, 6.725, bairro Borda do Campo, Sao Jose dos Pinhais, near the city of Curitiba, the capital of the state of Parana. Copart highlighted the new Curitiba location, which can store up to 7,000 vehicles, is […] [Read More]
KAR partners with Jefferson Awards Foundation to honor employee volunteerism
Thursday, Aug. 30, 2018, 04:22 PM
Auto Remarketing Staff
As a new partner of the Jefferson Awards Foundation (JAF), KAR Auction Services has plans to recognize employees for their volunteer endeavors and dedication to community service early next year. KAR announced Thursday that it will honor up to six employees who have been nominated by their co-workers to be a 2019 JAF national honoree. […] [Read More]
UPDATED: ADESA Assurance geared to streamline eligible vehicle returns
Wednesday, Aug. 29, 2018, 08:18 PM
Auto Remarketing Staff
ADESA is looking to make returning a vehicle back to the auction as easy as what dealers might experience when those shoes or pants just don’t fit correctly. On Wednesday, the business unit of KAR Auction Services, launched a new return guarantee product called ADESA Assurance. The company highlighted the new service can allow participating […] [Read More]
Wholesale prices prove used cars still appeal in a utility-driven retail arena
Wednesday, Aug. 29, 2018, 03:35 PM
Auto Remarketing Staff
Black Book explained why used-car managers should not get frustrated when they see new utility vehicles frequently rolling over the curb on the new side of their dealerships. Turns out, those cars lined up in used inventory are a pretty valuable asset nowadays. This week’s Market Insights report from Black Book illustrated the continued support […] [Read More]
Manheim Texas Hobby completes 3 projects with $6 million investment
Monday, Aug. 27, 2018, 07:07 PM
Auto Remarketing Staff
Manheim Texas Hobby recently finished adding a new paving system, water reclamation center and upgraded security thanks to a two-year investment in sustainability enhancements of $6 million-plus. Manheim recently announced that three key initiatives have been completed this month to help improve conditions and reduce risks at the auction. “Our innovative and creative solutions are as […] [Read More]
Southeastern Auto Auction celebrates 22 years
Friday, Aug. 24, 2018, 04:39 PM
Auto Remarketing Staff
Southeastern Auto Auction of Savannah hit the double deuce and celebrated on Aug. 15. Southeastern AA held its 22nd anniversary sale and offered a variety of vehicles from franchised and independent dealers as well as institutional accounts. The auction said a huge crowd was in attendance both in the lanes and online. Dealers enjoyed free […] [Read More]
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