Wholesale
Women in Remarketing nominations open
Monday, Feb. 20, 2017, 04:17 PM
Auto Remarketing Staff
Auto Remarketing is now accepting nominations for the Women in Remarketing Class of 2017. Don't miss the opportunity to honor the exceptional women of the used-car industry, who drive businesses such as auctions, consignors, dealerships, captive finance companies and more. The April 1 issue of Auto Remarketing will contain a special section designed to honor those women that […] [Read More]
Kennedy to retire from General Motors
Friday, Feb. 17, 2017, 02:00 PM
Nick Zulovich, Staff Writer
Auto Remarketing received word on Friday morning that GM Remarketing manager Dan Kennedy announced his intention to retire from General Motors after nearly four decades with the OEM. According to the message Kennedy distributed, he said, “As I write this, I am looking forward to a new chapter in my life. After 39 years with […] [Read More]
IARA enhances new website with software integration update
Thursday, Feb. 16, 2017, 06:24 PM
Auto Remarketing Staff
The International Automotive Remarketers Alliance announced on Tuesday it has updated its new website by integrating association management software designed to improve online membership management. The software was created to manage alliance membership, improve communication within the organization, streamline online education and enhance other website functionalities, according to the alliance. “The IARA board commissioned IARA executive […] [Read More]
IAA appoints new chief operating officer
Wednesday, Feb. 15, 2017, 07:41 PM
Auto Remarketing Staff
On Wednesday, salvage vehicle auction company Insurance Auto Auctions named a new chief operating officer and made five additional key senior leadership appointments following the change. Chosen for the COO position is Tim O'Day, who was most recently senior vice president of finance. "Tim has strong strategy and management expertise and a proven track record […] [Read More]
2 trends as lane activity intensifies
Tuesday, Feb. 14, 2017, 08:45 PM
Auto Remarketing Staff
As the upbeat atmosphere in the lanes continued, two trends caught the attention of Black Book editors last week. The latest Black Book Market Insights report indicated luxury segments are seeing increased depreciation so far in 2017, and compact cars are feeling the run-up to the spring selling season with stronger-than-average retention since the beginning […] [Read More]
Ready Logistics moves record 194,000-plus cars
Monday, Feb. 13, 2017, 05:12 PM
Auto Remarketing Staff
Full-service logistics provider Ready Logistics moved more than 194,000 vehicles in January, which was the company's best month ever.. It was a 55 percent increase compared to last January’s volume. “This surge signals a desire in the marketplace for turnkey, end-to-end logistics and transportation solutions,” Ready Logistics said in a news release. The Cox Automotive brand can […] [Read More]
Manheim installs 5 new general managers
Friday, Feb. 10, 2017, 04:14 PM
Auto Remarketing Staff
Manheim announced general manager changes at five auction locations on Wednesday. The company promoted Manheim St. Louis’ Jason Blake, Manheim Kansas City’s Victor Ferlaino, Manheim Denver’s Ray Priest, Manheim Milwaukee’s Tom Saldutte and newly hired Manheim Northstar’s Scott Maybee, who joins Manheim following a position as vice president of operations for Nissan Canada Finance. “These […] [Read More]
15th auction location joins AMS client roster
Wednesday, Feb. 8, 2017, 07:05 PM
Auto Remarketing Staff
Auction Management Solutions (AMS) announced earlier this month that firm has partnered with KASP Auto Auction in Lexington, Ky., for business development consulting. KASP owner Jim Williams his aligned with AMS, which was started by industry veterans Tom Stewart and Richard Curtis to provides consulting services for independent auto auctions, service providers and vendors. “We […] [Read More]
NAAA to host webinar on OSHA & workplace safety
Tuesday, Feb. 7, 2017, 06:36 PM
Auto Remarketing Staff
KAR Auction Services Group’s James Walker, the company's senior director of environmental, health and safety, will share his insight during a free NAAA Webinar titled “Are We Prepared for Workplace Safety and OSHA?” Walker will discuss how providing workers with a safe and healthy workplace is critical to the wellbeing of business during the event […] [Read More]
Black Book sees value retention at best rate in 9 months
Tuesday, Feb. 7, 2017, 05:39 PM
Auto Remarketing Staff
Along with its monthly update on the specialty market, the latest Black Book Market Insights report showed both car and truck segments retaining their values better than they have in the past nine months. Editors determined subcompact cars, compact cars, compact crossover/SUVs and compact vans preformed the best, depreciating just 0.06 percent or less. “Good […] [Read More]
X