As online bidding evidently intensified, Black Book also noticed the price strength of cars continued last week. The latest Black Book Market Insights report showed that overall car values, when looking at volume-weighted data, appreciated slightly by 0.09 percent last week as opposed to the average weekly depreciation rate of 0.19 percent seen during the […] [Read More]

Black Book announced on Tuesday that its vehicle valuation insights are now available to eAutoAppraise dealer partners because the company now serves as the online trade-in solution’s new trade appraisal engine. “We’re excited to partner with eAutoAppraise, a superior online appraisal engine that offers dealers a chance to close more deals quicker and make strong profit margins,” […] [Read More]

In what we’re proud to call an annual tradition, Auto Remarketing publishes a special issue to recognize the leading women of the remarketing and used-car business: our Women in Remarketing issue.  Each of the leaders honored in our Women in Remarketing program takes on different responsibilities within the industry, and the companies they represent encompass a diverse […] [Read More]

Insurance Auto Auctions announced on Wednesday that it has adopted and launched an updated vehicle details page on IAAI.com to streamline customer access to vehicle information. The new page has up to 320 additional VIN details and comprehensive Hollander Interchange parts data, which helps car buyers estimate vehicle value more quickly and make better-informed bidding […] [Read More]

The demand for cars — especially units that could be retailed to potential buyers on the lower end of the credit spectrum — continued to be the topic in both the lanes and among Black Book editors last week. The latest Black Book Market Insights report shows both car and truck segments retaining their values […] [Read More]

SGS’s Automotive Services group announced it recently brought on a national sales executive to join its sales team to lead the company’s off-lease, rental-return and non-traditional inspection services sales efforts. Chosen for the position is Scott Fornwalt, who most recently managed auctions in both the St. Louis and the Detroit areas, overseeing operations, sales, and […] [Read More]

BSC America has named a general manager for its Tallahassee Auto Auction, appointing Eric Wagner to the position. Wagner’s 30-plus years in the auction business includes time with both corporate and independent auctions.  “Eric will lead the operations and sales teams to the next level with excellent service and the latest offerings in technology. Eric will […] [Read More]

LeasePlan USA announced that it has appointed a new chief commercial officer to oversee the company’s sales and client relations teams. Chosen for the position is Ricardo Fonzaghi, who most recently served as senior vice president of LeasePlan International sales.  For 11 years, Fonzaghi was responsible for developing global fleet management programs for corporate fleets […] [Read More]

General Motors Financial on Monday named the winners of its 2016 Open Sale Auction of the Year as well as its 2016 Closed Sale Auction of the Year. Claiming the first prestigious award presented annually that’s part of the company’s nationwide Auction of the Year program, ADESA Kansas City, in Kansas City, Mo., was named […] [Read More]

Copart now has 200 physical location to facilitate its online salvage auction endeavors. The latest one came aboard on Thursday, representing the company’s 15th location in California. Copart opened its newest location in Wilmington, Calif., as now the company operates seven locations in southern California. “More than three decades ago, Copart opened its first yard […] [Read More]