To strengthen and grow its digital offerings, Manheim announced on Monday that Nick Peluso will lead the company’s digital strategy as president of Manheim Digital Marketplace, while continuing as president of RMS Automotive. In his dual role, the company indicated Peluso is responsible for Manheim’s digital channels, including OVE, Manheim.com and Simulcast, in addition to […] [Read More]

Auctions across the country are finding ways to have fun this summer. A few include a Louisiana auction, an Illinois auction and 20 southeastern Manheim locations. Manheim’s southeastern locations participated in the company’s fourth annual Cargaritaville sales event this month. The sales day featured beach-themed prize giveaways, live entertainment and steel drummers. NextGear Capital partnered […] [Read More]

AutoBuy, a Florida-based car buying company supplying dealers across the country with often desired, non-advertised used inventory, recently celebrated 100,000 private car sellers served.   With more than $1 billion dollars in inventory appraised in eight years of business, AutoBuy founder Anthony Maida says his used-car inventory rivals that of other auction consignors because the vehicles from […] [Read More]

Ready Logistics highlighted that the company is trying to bring a new level of automation and transparency to the manual process-oriented vehicle transportation sector with the launch of the HUB, a centralized communication platform that is geared to increase efficiency for clients. By automating procedures that typically delay vehicle movement, Ready Logistics explained that the HUB […] [Read More]

As the temperatures spike outside, Black Book isn’t quite seeing wholesale prices behave in the opposite extreme, which is sometimes the norm as we enter the remaining days of July. The newest Black Book Market Insights report showed more SUVs dropping in price last week. In fact, editors noticed sub-compact luxury crossovers saw the most […] [Read More]

Donlen recently announced that the company has brought on a new vice president of client relations to lead its team of national account executives. Chosen for the position is Roger Setzke, who has more than 12 years of previous experience at Donlen and over 25 years of extensive sales leadership experience. “Donlen continues to invest in high-performing […] [Read More]

Dealers Auto Auction of Oklahoma City (DAA/OKC) recently announced that its past general manager has returned to the auction to resume his former role. For Bruce Beam, son-in-law of the auction's owner, Gary Smith, it’s a return to the family business as well. Before leaving DAA/OKC in 2012 to work for Express Credit Auto, Beam […] [Read More]

The International Automotive Remarketers Alliance is currently gearing up for its 16th annual Summer Remarketing Roundtable series beginning on Aug. 16 in Nashville, Tenn.  The roundtable is titled, “The Voice of Consignors” and will feature four unique sessions. This year’s series of sessions include Trends in Automotive Logistics, Auto Mechanics 101, Retail Remarketing Trends and […] [Read More]

Copart has expanded its locations in both Candia, N.H., and West Warren, Mass., the company announced on Tuesday. "We have grown our business in New England and across the Northeast and are proud to announce these expansions," Copart chief executive officer Jay Adair said in a news release. "They enable us to continue to provide outstanding service to […] [Read More]

Editors turned a phrase for this week’s Black Book Market Insights report, highlighting that “a mixed bag of vehicle valuation strength” summarized the activity in the lanes. Black Book noticed that some cars and trucks produced a “widening” gap in strength with compact vans and luxury cars generating price gains. But editors also found that […] [Read More]