Cox Automotive has announced it brought aboard a former general counsel with the Coca-Cola organization to serve as senior vice president and general counsel, effective Monday. Angus Haig, who spent almost two decades with Coca-Cola, brings considerable global legal and business experience, having lived and worked in the Asia Pacific region, Europe, Eurasia, the Middle East and the United States. He most […] [Read More]

The relationship connecting the National Independent Automobile Dealers Association and KAR Auction Services is now even stronger. On Wednesday, NIADA named Automotive Finance Corp. and TradeRev as Diamond-level National Corporate Partners — the association’s highest level of corporate affiliation. AFC provides independent vehicle dealers a portfolio of trusted, flexible inventory financing and business solutions from […] [Read More]

Manheim has a made a $50,000 annual commitment to the TechForce Foundation in support of its FutureTech Success campaign that aims to educate middle school and high school students about the benefits of a career as an auto technician, as well as challenge common misconceptions. In addition to the funding, Manheim’s vice president of reconditioning Angie Babin, […] [Read More]

Perhaps used vehicles aren’t rolling over the curb at a pace some dealers would like, but you couldn’t tell by the wholesale-price trends and auction-activity observations Black Book shared on Tuesday. The latest Black Book Market Insights report indicated that cars have continued their strong spring cadence of auction sales and activity. Editors determined the […] [Read More]

General Motors Financial is gearing up for one of its largest annual wholesale events of the year that the consignor is hoping vehicle buyers see as being “out of this world.” GM Financial is hosting its fifth annual elite sales series, which gives dealers exclusive access to thousands of some of the best pre-owned GM […] [Read More]

Auction Edge announced Wednesday that the company will be the sole technology provider for Wolfe’s Auto Auctions’ auction systems, online presence and online sales. Following Auction Edge software training earlier this year, installations began at Wolfe’s Auto Auctions’ Terre Haute location, followed by Evansville and then South Bend. Auction Edge said the three locations were […] [Read More]

What dealers are experiencing in the lanes during the spring market didn’t exactly show up in the latest Black Book Used Vehicle Retention Index. Black Book released its Used Vehicle Retention Index for March on Thursday, showing that it fell 1.2 percent for the month to register at 112.0, down from the February reading of […] [Read More]

Having reached more than $21 million in sales within a three-week period last month, GAA Classic Cars (GAACC) recently announced that March was the auction’s most successful month ever. GAACC hosted the Jerry and June Smith No Reserve Collection Sale late last month, just three weeks after its annual spring sale held in early March. […] [Read More]

In addition to five regional 2017 Auction of the Year winners, GM Financial’s nationwide Auction of Excellence program recognized Manheim Detroit as its first Most Valuable Auction of the Year. Each year, GM Financial reviews the company’s 46 auction partners to honor the highest-performing locations. Manheim Detroit's distinction is a new recognition category GM Financial added this […] [Read More]

It’s that time of year again — time to proudly state that you work at one of the finest auto auctions in the nation. Auto Remarketing invites you to participate in the third annual workplace study recognizing the best employers in the auction industry — Best Auto Auctions to Work For 2018, sponsored by CARS […] [Read More]