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]

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 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, 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 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 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]

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]

February wholesale prices didn’t hold up quite as much as the analyst team at J.D. Power Valuation Services expected. But the group thinks March performance will fall in line with what the firm typically has seen during the third month of a year. According to the latest installment of Guidelines, March wholesale prices for vehicles […] [Read More]

We conclude our series from the Conference of Automotive Remarketing in Las Vegas with Bill's interview of Ron Hope, the president and chief executive officer of CARS Recon. Their discussion can be found below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can also listen to the latest episode in the window below. All […] [Read More]

In many ways, the spin-off of Insurance Auto Auctions that KAR Auction Services is pursuing comes down to simplifying things. That is, for both investors and the entities themselves. KAR made the announcement in late February, explaining that the proposed tax-free spin-off is designed to “increase shareholder value and focus each company’s strategic priorities on […] [Read More]