Wholesale
How dealers are handling wholesale prices on continued climb
Wednesday, Aug. 15, 2018, 06:34 PM
Nick Zulovich, Staff Writer
A pair of monthly wholesale market trackers showed price increases in July, propelled in part by what trucks and utilities are fetching in the lanes nowadays. How are dealers reacting? Well, one weekly sale observer described the scene as “many buyers were left shaking their heads.” So let’s get into the numbers of what’s leaving […] [Read More]
CFAA gears up for golf fundraiser, largest GM sale
Wednesday, Aug. 15, 2018, 04:55 PM
Auto Remarketing Staff
Columbus Fair Auto Auction is gearing up for its upcoming charity event and its largest GM Financial sale next week, the auction announced Wednesday. In just a few days, the auction will host the 32nd Annual William Jacobs Memorial Golf Outing in support of the Columbus City School’s Eastmoor Academy football field re-sodding project, Columbus Zoo […] [Read More]
ADESA Indianapolis named NAAA’s Midwest auction of the year
Wednesday, Aug. 15, 2018, 10:00 AM
Auto Remarketing Staff
ADESA Indianapolis of Plainfield, Ind., has won the National Auto Auction Association title of Midwest Chapter Auto Auction of the Year and is now in the running for the top NAAA honor, the Auto Auction of the Year Award for Excellence in Community Service. The auction is the third of four total NAAA chapter winners the […] [Read More]
Independent auto auctions talk mobility, safety, hiring & more
Tuesday, Aug. 14, 2018, 09:04 PM
Joe Overby, Senior Editor
There’s no doubt about it. Independent auto auctions certainly face a challenge from the growth of corporate counterparts Cox Automotive and KAR Auction Services, which are the parent companies of the Manheim and ADESA auction chains, respectively. But folks like Brandon Walston, the general manager of the independent San Antonio Auto Auction, also see the […] [Read More]
ADESA names Brenda Aden new ADESA Brasher’s GM
Tuesday, Aug. 14, 2018, 05:21 PM
Auto Remarketing Staff
ADESA announced Tuesday that it has named Brenda Aden general manager of its ADESA Brasher’s location. Aden who joined ADESA in 2010, will transition from ADESA Las Vegas GM — a role she’s held since 2016. Not only has ADESA Las Vegas been recognized as a Best Auto Auction to Work For by Auto Remarketing […] [Read More]
NAAA names Manheim Darlington Southern chapter of the year
Tuesday, Aug. 14, 2018, 10:00 AM
Auto Remarketing Staff
On the heels of naming the Kansas City Independent Auto Auction its Western Chapter Auto Auction of the Year on Monday, the National Auto Auction Association continueed National Auto Auction Week celebrations on Tuesday, announcing that this year’s Southern chapter winner is Manheim Darlington. Along with its fundraising success and volunteer efforts, the association said that Manheim […] [Read More]
NAAA announces its Western chapter auto auction of the year
Monday, Aug. 13, 2018, 05:54 PM
Auto Remarketing Staff
In recognition of outstanding public service, the Kansas City Independent Auto Auction (KCIAA) has been named the National Auto Auction Association’s Western Chapter Auto Auction of the Year. The auction was chosen for its fundraising and volunteer efforts to assist disadvantaged children and their families, the NAAA announced Monday. KCIAA was also a finalist in […] [Read More]
Power 300: Q&A with Becca Polak of KAR Auction Services
Thursday, Aug. 9, 2018, 05:36 PM
Joe Overby, Senior Editor
In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up is Becca Polak, who is the president of TradeRev and the chief legal officer and secretary at its parent company, […] [Read More]
Power 300: Brenda Aden of ADESA Las Vegas
Thursday, Aug. 9, 2018, 02:10 PM
Joe Overby, Senior Editor
In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up is Brenda Aden, general manager of ADESA Las Vegas. Auto Remarketing: What’s the typical week like at your auction, if […] [Read More]
Manheim index climbs 5% to new series high
Tuesday, Aug. 7, 2018, 07:54 PM
Auto Remarketing Staff
As Auto Remarketing reported, the July seasonally adjusted annualized rate for used-car sales hit the highest point for the start of a third quarter in six years. That sales pace Cox Automotive highlighted as well as the recent lane activity Black Book recently witnessed appear to be fueling a wholesale market turbine that’s pushing one […] [Read More]
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