COMMENTARY: Why dealers need a complete buy-in to have a successful buy center
Thursday, Apr. 2, 2026, 10:49 AM
America's Group expands beyond US, buys British auction company
Thursday, Apr. 2, 2026, 07:00 AM
Manheim Pennsylvania’s Xtreme Spring Sale raises $82,000 for local nonprofit
Tuesday, Mar. 31, 2026, 02:32 PM
Wholesale
Roundup: instaVIN’s upgrade, NAAA’s auction safety day
Friday, Jul. 14, 2017, 06:42 PM
Auto Remarketing Staff
instaVIN, a provider of vehicle history and title information, has launched a revamped website, parent company KAR Auction Services announced Wednesday. Chief executive Jim Irish explained some of the upgrades in a news release. “At instaVIN, we are focused on simplifying vehicle history research for our customers and providing them with the most detailed and […] [Read More]
McConkey Auction Group establishes 7-member executive team
Friday, Jul. 14, 2017, 03:47 PM
Auto Remarketing Staff
On Friday, the McConkey Auction Group announced that it has formed an executive team to oversee the strategy, operations, national sales, finance and marketing of its auctions in the Spokane, Wash., Kansas City, Mo., and Seattle markets. The new seven-member team includes: —David Pendergraft, DAA Northwest general manager —Doug Doll, KCI Kansas City general manager […] [Read More]
Manheim to add 6 new physical auctions
Thursday, Jul. 13, 2017, 02:29 PM
Joe Overby, Senior Editor
Manheim is opening six new physical auctions, which will be located in Alabama, Georgia, Illinois, North Carolina, Texas and Utah, some of which have already launched. The auction company, making the announcement Thursday, said these locations are smaller, one- to four-lane facilities. The six new auctions are: — Manheim St Louis Gateway in Bellville, Ill. — Manheim […] [Read More]
Holiday week keeps wholesale prices stable
Wednesday, Jul. 12, 2017, 07:15 PM
Auto Remarketing Staff
With Fourth of July influencing the measurements, the newest Black Book Market Insights report indicated both car and truck values remained relatively stable week-over-week. Out of both segments, editors noticed six vehicle categories maintained their values as depreciation was unchanged, with one additional vehicle category, full-size vans, increasing its value by 0.01 percent. “Wholesale prices […] [Read More]
Auction Management Solutions adds Rea family to client roster
Tuesday, Jul. 11, 2017, 03:16 PM
Auto Remarketing Staff
It’s turned into a month of celebrating Auction Management Solutions (AMS). First, the firm’s one-year anniversary and now confirmation that earlier this month AMS has partnered with Rea Brothers’ Mid-South Auction (RBMSA) for business development consulting. AMS recapped that the Rea family has been in the auction business in Mississippi since 1972. In 2010, the […] [Read More]
Modest rise for Black Book’s used-car index
Tuesday, Jul. 11, 2017, 03:14 PM
Auto Remarketing Staff
While Manheim noticed record-setting metrics again for its latest monthly report, Black Book on Tuesday released its Used Vehicle Retention Index for June and observed a more modest sequential uptick and even a decline compared to a year ago. Black Book found that its index edged higher to 113.0 in June, up from 112.3 in […] [Read More]
Manheim Index rises 2.5% to set new high
Monday, Jul. 10, 2017, 06:24 PM
Auto Remarketing Staff
Make it two consecutive months where the Manheim Used Vehicle Value Index established a new record. Analysts determined wholesale used vehicle prices (on a mix-, mileage- and seasonally adjusted basis) increased 1.1 percent month-over-month in June. This movement brought the index reading to 129.3, which was a record high for the second consecutive month and represented a […] [Read More]
ADESA Boston celebrates 70th year
Thursday, Jul. 6, 2017, 08:32 PM
Auto Remarketing Staff
ADESA’s Boston-area location recently celebrated its 70 years in business with two special events last month. In June, ADESA Boston held both an anniversary sale and a car show/motorcycle run fundraiser. ADESA Boston’s 70th-anniversary sale drew a number of additional dealers and vehicles. The array of vehicles included notable drives such as a 1941 Chevrolet pickup […] [Read More]
Short-lived similarity as car depreciation accelerates again
Wednesday, Jul. 5, 2017, 04:16 PM
Auto Remarketing Staff
Well, the convergence of cars and trucks depreciating at the same rate lasted all of a week. The newest Black Book Market Insights report showed truck segments deprecating only by 0.9 percent last week, much less that in comparison with the car segments, which depreciated by 0.31 percent overall. In fact, editors noticed three specific […] [Read More]
Manheim takes mobile auction out to sea
Monday, Jul. 3, 2017, 02:30 PM
Auto Remarketing Staff
In the past, Manheim has hosted mobile auctions in some pretty unique locations — dealership lots, convention centers, NASCAR race tracks, even a minor league baseball park — but the company insisted the latest location tops them all. Recently, Manheim UK held what is believed to be the first vehicle auction at sea. The unique […] [Read More]
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