As analysts confirmed a dip in January, J.D. Power Valuation Services is projecting an uptick in wholesale vehicle prices in February. According to the latest installment of Guidelines, J.D. Power Valuation Services is expecting that wholesale prices of vehicles up to 8 years old will edge higher by 0.3 percent. If the movement happens as […] [Read More]

United Auto Credit recently honored its 2017 Auction of the Year, along with handing out four other regional winners. Receiving the award as the consignor’s Auction of the Year was Dealers Auto Auction of the Southwest. “We have been doing business with DAASW for several years, and they have consistently done a great job for […] [Read More]

Auction Management Solutions just added the largest independent auction in Nevada to its client roster. According to an announcement on Thursday, Dealers Auto Auction of Las Vegas, (DAALV), has partnered with AMS for business development and other projects. Founded in 2006, by Dan Thomas and Russ Norrish, the auction has grown to a 350-unit weekly […] [Read More]

Cox Automotive announced Wednesday that Jim Williams will replace Patrick Brennan as senior vice president of logistics for Inventory Solutions next month. Brennan has been promoted to senior vice president of Inventory Solutions’ marketplace. Meanwhile, Williams will report to Grace Huang, president of Cox Automotive Inventory Solutions, effective March 1 . He will be responsible […] [Read More]

Perhaps not to the surprise level of a woman being given an engagement ring on Valentine’s Day, but some wholesale market observers might slightly raise their collective eyebrow about current car prices. Based on data generated during the early stages of the spring selling season, Black Book noticed that cars holding retention better than trucks. […] [Read More]

The National Independent Automobile Dealers Association announced Tuesday that Autosoft has been added to its growing list of Bronze-level National Corporate Partners. NIADA said members can now take advantage of special pricing to gain access to Autosoft DMS. Autosoft offers both a sales and F&I module with inventory management as well as a full DMS option, […] [Read More]

Under an agreement reached with their respective captive finance arms, Ally’s SmartAuction is listing the off-lease vehicles of Nissan and Infiniti. The agreement between SmartAuction and the two captives (Nissan Motor Acceptance Corp. and Infiniti Financial Services) was announced Tuesday. The off-lease cars are listed on SmartAuction after first being offered to Nissan and Infiniti […] [Read More]

Our guests this week are Louis Robert Spaeth and Michael Zimmerman, co-founders of TradeAutoX, an online platform for buying and selling wholesale vehicles on demand. Spaeth and Zimmerman, who work together as desk managers at an Atlanta dealership, talk to Joe about how the preimise of their young company and its mission in the online wholesale […] [Read More]

MetroGistics has been selected by the National Independent Automobile Dealers Association as a Bronze-level National Corporate Partner. NIADA said MetroGistics will offer preferred pricing on vehicle moves, along with extended credit, to the more than 16,000 member dealerships. “With the used-vehicle retail market becoming more digital-oriented, our members are looking for vehicle transport and electronic […] [Read More]

The Appraisal Lane announced Thursday that it has expanded into Texas to meet increased dealer demand. Dealers in the Lone Star State can join the company’s buyer network encompassing 26 states that enables dealers to buy in-demand inventory virtually — both inside and outside of their market area. This expansion follows the company's announcement in December […] [Read More]