Wholesale
Auction Academy announces more ‘in-depth’ upcoming seminar series
Wednesday, Jan. 17, 2018, 05:10 PM
Auto Remarketing Staff
Auction Academy has released its schedule for this year’s 2018 Seminar Series program. Auction Academy’s upcoming seminars will kick off with a a workplace culture session that will be held in Franklin, Tenn., March 26 and March 27. “Different from our two-year program, the Seminar Series offers one-day intensive sessions, with in-depth focus on a […] [Read More]
Manheim Market Report achieves 23 million visits in year
Wednesday, Jan. 17, 2018, 03:09 PM
Auto Remarketing Staff
Following upgrades made to the Manheim Market Report this past summer, Manheim has announced that the tool received an estimated total of 23 million visits last year. Upgrades made to MMR this past summer include valuation adjustments for a vehicle’s AutoGrade condition and enhanced mobile and desktop interfaces. On average, more than 90,000 unique users access MMR […] [Read More]
Details of memorial services for auction leader Osborn
Tuesday, Jan. 16, 2018, 09:09 PM
Joe Overby, Senior Editor
Memorial services for Ken Osborn, the late general manager of ADESA Dallas, will be held Saturday in Granbury, Texas, the National Auto Auction Association said in a memo to NAAA members. Osborn, 65, passed away Jan. 10 in Granbury. He was a past president of NAAA, a 2013 NAAA Hall of Fame inductee and an […] [Read More]
Podcast: Simplifying auction charges & 20 years of AutoIMS
Tuesday, Jan. 16, 2018, 08:17 PM
Auto Remarketing Staff
At Used Car Week this past fall, Joe Overby sat down with Joe Miller and Venkat Krishnamoorthy of AutoIMS to talk about the company's “Simplifying Auction Charges” whitepaper released this fall. Plus, Miller and Krishnamoorthy discuss the next steps in auto industry disruption/digitalization and 20 years of AutoIMS. Check out the conversation below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play. […] [Read More]
Subcompact crossover values tumble
Tuesday, Jan. 16, 2018, 05:01 PM
Auto Remarketing Staff
For dealers who are finding used subcompact crossovers in demand at their stores, the latest analysis from Black Book showed they didn’t have to dip quite as much into their floor-plan funds last week to acquire these units. This week’s Black Book Market Insights report showed subcompact crossovers depreciating the most out of cars and trucks. […] [Read More]
KBB names Toyota, Porsche Best Resale Value Award brand winners
Tuesday, Jan. 16, 2018, 04:21 PM
Auto Remarketing Staff
Kelley Blue Book announced Tuesday that the Toyota and Porsche brands are the 2018 model-year brand winners of the annual Best Resale Value Awards. Its Porsche's second consecutive luxury brand Best Resale Value award, and Toyota takes it’s third-ever win, following recognition for top brand in 2014 as well as last year. The awards are in their […] [Read More]
Where Auction Edge finds expansion in working with independents
Tuesday, Jan. 9, 2018, 09:53 PM
Joe Overby, Senior Editor
Hundreds of independently owned, non-chain auto auctions dot the U.S. landscape, each a unique business unto itself. As is the case in many industries, an individually owned auto auction often faces a different set of challenges than, say, a corporately owned business or chain of businesses. Keeping up with evolving and rapidly scaling technology on a […] [Read More]
Cox Automotive moves 2 execs to new, expanded roles
Tuesday, Jan. 9, 2018, 05:40 PM
Auto Remarketing Staff
Cox Automotive announced Tuesday that it has promoted Zach Hallowell to vice president of Manheim Digital Marketplace and RMS Automotive, and expanded the role of Derek Hansen as vice president of offsite solutions. Hallowell has extensive experience in the global wholesale automotive industry, which includes over 15 years spent developing and evolving SaaS platforms to […] [Read More]
Copart acquires San Antonio facility with over 1 million abandoned tires
Tuesday, Jan. 9, 2018, 04:11 PM
Auto Remarketing Staff
Copart announced in that it has purchased San Antonio’s former Safe Tire Disposal Corp. facility at 11150 Applewhite Road with plans to clear the 36-acre property of over one million abandoned tires. It was found that the site housed over one million tires following a 2014 state investigation by the Texas Commission on Environmental Quality, […] [Read More]
COMMENTARY: Auction safety is a partnership between auctions & customers
Monday, Jan. 8, 2018, 08:24 PM
Jim DesRochers, Dealers Auto Auction of the Southwest
Safety is front and center at today’s brick-and-mortar auctions — and with good cause. The reason we have such a laser focus on safety is, in my opinion, a micro versus a macro view of this very important issue. The tragedy at the East Coast auction was horrendous, given the relatively safe environment that has […] [Read More]
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