The deadline to opt into Auto Remarketing's Auto Auctions to Work For program is Friday.  For individual auction locations to participate, the general manager/leader of that auction needs to opt in at this website by Friday. Here are the details: What is it? A free workplace study for the auto auction industry that will recognize the […] [Read More]

Manheim called it a “good year” for its digital channels after the company reviewed its 2016 performance and found that the average year-over-year growth in each of its Digital Marketplace categories came in at 15 percent or more. Officials said OVE (Manheim’s online wholesale marketplace) reached an all-time 2.5 million vehicle sold since it was […] [Read More]

Dealers Auto Auction of the Southwest (DAASW) recently introduced digital bidder badges that are powered through its mobile app. The independent auction’s new innovative badges are a first in the nation concept, according to Jim DesRochers, former National Auto Auction Association president. “We have always felt that standing in line for a paper badge or in […] [Read More]

All but two of the seats of ServNet's board of directors are filled by next-generation auction owners. First-generation owners Kevin Brown of Missouri Auto Auction and Patty Stanley of Indiana and Carolina Auto Auctions lead the board. “The remaining five seats are filled by owners who have followed their parents into the auction business and […] [Read More]

Southeastern Auto Auction of Savannah announced that it raised more than $4,000 to give Shriners Hospital for Children and hosted its annual “Cars, Cash & Caring Sale” earlier this month. “It was a great day for Shriners Hospital for Children thanks to our generous dealers,” Southeastern Auto Auction vice president Bill McCready said in a […] [Read More]

Subaru of America recently announced the winner of its 2016 Auction of the Year award, which honors auctions for sales effectiveness and service quality. This year’s title went to Manheim Southern California. “A numerical score is calculated at the conclusion of every sale at every location on a monthly basis and the auctions are ranked […] [Read More]

The auction market hasn’t wasted any time carrying over the auction sales volume momentum from 2016, and late-model vehicles are driving that charge. According to the latest Guidelines report from J.D. Power Valuation Services, there was a 17-percent gain in auction sales volume of cars up to 8 years old during the first four weeks of the […] [Read More]

TPC Management Co., an automotive industry consulting and executive recruiting firm now in its 21st year in business, announced on Wednesday the promotion of Jiles Wanna to the position of vice president of client services.  Wanna joined TPC in 2004 and has worked on projects under all three umbrellas of the firm, including TPC Consulting […] [Read More]

TPC Management Co. announced this week that Penny Wanna has been promoted to president of Auction Academy, the continuing education program the company developed to benefit the wholesale industry. Wanna has been involved with the Auction Academy program since its inception in early 2012 and most recently served as vice president of administration. “From the beginning […] [Read More]

With dealers noticing tax-refund money slowly starting to impact their retail business, Black Book’s latest Market Insights report showed truck segments retaining their value much better than car segments compared with previous weeks. Editors noticed two vehicle segments within the truck segment — subcompact crossovers and compact vans — maintained their values from the previous […] [Read More]