ADESA recently announced that it has raised more than $1 million for JDRF in partnership with the Ford Global Action Team. ADESA auctions have partnered with the Ford Global Action Team to raise money for JDRF since 2012 and has collected a total of $1,030,505 for the global organization dedicated to funding research to find […] [Read More]

Insurance Auto Auctions recently announced that it has both relocated its Jackson, Miss., branch and expanded its Grenada facility in the same state to significantly boost the company’s inventory capacity. The company said the new expansions have increased the facilities’ previously combined 32 acres to more than 130 acres for expanded vehicle selection and inventory […] [Read More]

As 2017 wound down, Black Book wanted to make a unique comparison. The editorial team looked at how much of an impact Hurricanes Harvey and Irma placed on vehicle prices and the ability to retain values against an incident where a similar amount of used units left the market. The comparative occurrence came eight years […] [Read More]

The last Oldsmobile ever built will go to the highest bidder today. Over a decade after its debut at the Lansing Assembly Plant in April 2004, General Motors and General Motors Financial have decided to sell the vehicle, along with two other commemorative models after their stay at the GM Heritage Center. “Every year a group […] [Read More]

Auction Management Solutions (AMS) recently partnered with partnered with Greater Milwaukee Auto Auction (GMAA) for business development consulting, growing its client roster to 22. Founded in 2004 by owner Kristie Letizia, GMAA is the largest independent auto auction in the state of Wisconsin. What originally started as a 15-acre facility has now grown to cover […] [Read More]

GAA Classic Cars Auction announced Tuesday that it is gearing up for two big sales that will offer vehicles and memorabilia from two collections in March. On March 1, the Greensboro, N.C. auction will launch a three-day sale featuring 550 vehicles from the Gary Copeland Collection of 1932 and 1934 Fords. The sale will include a […] [Read More]

Wade Walker, founder of Corpus Christi Auto Auction and San Antonio Auto Auction, passed away Saturday. He was 55. “Wade was a devoted loving father, husband, grandfather, and friend to all. He enjoyed water skiing, snow skiing, cycling, traveling and spending time with family and friends,” reads an obituary provided by his family. “Wade was […] [Read More]

Holiday shoppers are in the throes of finding bargains for gift giving. Dealers are in the same predicament in the lanes while looking for inventory, according to the latest observations from Black Book. Along with what auction watchers described, this week’s Black Book Market Insights report showed both car and truck segments depreciating more than […] [Read More]

KAR Auction Services announced Thursday that in addition to its initial $225,000 contribution to City Life Wheels of Central Indiana to fund the new KAR Auction Services City Life Wheels Training Center, it will commit another $25,000 grant for the program next year. An Indianapolis-based non-profit, City Life Wheels teaches youth in its community basic […] [Read More]

Along with aligning with another online marketplace connecting buyers and sellers of used vehicles, Black Book watched its Used Vehicle Retention Index rise in November, pushing the reading higher for the third consecutive month. Editors indicated the November index reading increased 0.3 percent month-over-month, ticking up from 114.6 to 115.0. The movement triggered the third […] [Read More]