Wholesale
Southeastern AA of Savannah culminates 10-week campaign with gift to Shriners Hospital for Children
Wednesday, Mar. 28, 2018, 07:51 PM
Auto Remarketing Staff
Dealers and consignors made plenty of transactions, but the organization that really cashed in recently at Southeastern Auto Auction of Savannah was Shriners Hospital for Children. Southeastern Auto Auction of Savannah raised more than $10,000 for Shriners Hospital for Children and gave away more than $25,000 in cash and prizes to its dealer clients who […] [Read More]
Cox Automotive appoints former Mercedes-Benz exec to SVP role
Wednesday, Mar. 28, 2018, 03:56 PM
Auto Remarketing Staff
Cox Automotive announced Wednesday that it has named a new senior vice president of human resource business partners and employment practices to lead people strategy and execution for the company. Chosen for the position is Renato Razon, who was most recently chief human resources officer at Mercedes-Benz USA. In his new role, he is responsible […] [Read More]
CPS honors 2 Missouri auctions
Tuesday, Mar. 27, 2018, 08:00 PM
Auto Remarketing Staff
Two independent auctions collected accolades from a consignor that specializes in originating contracts within the subprime credit space. Consumer Portfolio Services announced its 2017 auction award winners during a private ceremony at the CAR Conference earlier this month in Las Vegas. This year’s CPS Top Gun Award as the finance company’s Auction of the Year […] [Read More]
New Manheim condition report features more data, enhanced visuals
Tuesday, Mar. 27, 2018, 03:25 PM
Auto Remarketing Staff
Manheim introduced Thursday its new InSight Condition Report, driven by the recent Inspections application co-developed with industry partner AiM at Manheim auctions and mobile sites. The new report is designed to make viewing key vehicle information faster and easier. It features added manufacturer data, crisper photos and a new visual display for increased accuracy and consistency. Manufacturer data […] [Read More]
Manheim’s Johnson receives Barbara Cox Woman of the Year Award
Monday, Mar. 26, 2018, 07:28 PM
Auto Remarketing Staff
Now 13 years into the award program, this Cox Automotive accolade went to one of its own. Cox Automotive presented its annual Barbara Cox Woman of the Year Award to Ellie Johnson, general manager at Manheim Statesville, representing the first time in the history of the award that it has been given to a Cox Automotive […] [Read More]
Cox Automotive releases ‘reinvented’ used-car market report at NADA 2018
Monday, Mar. 26, 2018, 05:01 PM
Auto Remarketing Staff
Cox Automotive released its new “Used Car Market Report & Outlook” book at the 2018 NADA Show in Las Vegas on Friday. Previously titled the “Manheim Used Car Market Report” — the revamped 23rd edition of the book has been expanded to combine in demand automotive industry data and insights with voices from across Cox […] [Read More]
ADESA brings aboard new executive sales director
Friday, Mar. 23, 2018, 04:50 PM
Auto Remarketing Staff
ADESA, a business unit of KAR Auction Services, announced Wednesday that it has brought aboard Gil Hyder to serve as its executive sales director. Hyder brings more than 15 years of automotive industry experience to the auction company, and most recently served as director of commercial sales for KAR business unit Insurance Auto Auctions (IAA). (KAR […] [Read More]
Manheim launches machine-learning driven search on OVE platform
Wednesday, Mar. 21, 2018, 06:26 PM
Auto Remarketing Staff
Manheim recently announced it has launched a new intelligent search function for wholesale inventory on its online platform OVE. The new personalized search tool offers dealers faster and more relevant results and increases search accuracy. OVE, which serves 66,000 active users and sees 900,000 monthly visits, now touts an intelligent search feature which uses machine learning […] [Read More]
Subaru names Calif. Manheim location Auction of Year 2nd year in a row
Tuesday, Mar. 20, 2018, 05:58 PM
Auto Remarketing Staff
Subaru of America recently announced that it has named Manheim Southern California Auction its Auction of the Year for the second year in a row in recognition of both sales effectiveness and service quality. Subaru said it tracks and measures its auctions by three key components to choose a winner. The automaker examines auction’s total sale […] [Read More]
Late-model auction volume slows in February
Monday, Mar. 19, 2018, 08:37 PM
Joe Overby, Senior Editor
The used-car industry is seeing some easing in the volumes of late-model vehicles at auction, according to the latest Guidelines report from J.D. Power Valuation Services. Through two months of the year, late-model auction volume is down 5.8 percent, the report said. In February alone, it was down 11.5 percent year-over-year. Last month’s late-model volume […] [Read More]
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