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]

Speaking to a crowd gathered for the grand opening of the company’s Chicago auction last week, ADESA president and chief executive officer Stéphane St-Hilaire emphasized the importance of brick-and-mortar auctions to the company. Building a $40 million facility in the nation’s third-largest metropolitan area is certainly one way to show that. St-Hilaire also emphasized in that […] [Read More]

With one auction general manager describing the impact of tax refunds in the lanes, this week’s Black Book Market Insights report indicated the car segment retaining its value better than the truck segment as a whole. However, editors pointed out that compact vans increased their value by 1.17 percent in the truck department, outperforming all […] [Read More]

More confirmation about the unusual path wholesale prices took in February arrived from the team at KAR Auction Services on Tuesday. Coming on the heels of what J.D. Power Valuation Services shared, ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices by vehicle model class showed wholesale used vehicle prices in February averaged $10,688 […] [Read More]

When a dealer walks in the front door of the new ADESA Chicago auction, he or she might think it looks a lot like home. And that is by design. In designing the front office to the 167,000-square-foot auction in the Chicago suburbs, ADESA visited new-car dealerships throughout its home turf of Indianapolis to get […] [Read More]

On Monday, Copart announced the opening of its second location in the state of Utah. The online vehicle auction company’s newest site is located near Ogden, Utah. "Gaining a greater foothold in the Mountain States with another Utah location sets the stage for continued growth in the region," Jay Adair, chief executive officer of Copart, […] [Read More]