As the temperatures spike outside, Black Book isn’t quite seeing wholesale prices behave in the opposite extreme, which is sometimes the norm as we enter the remaining days of July. The newest Black Book Market Insights report showed more SUVs dropping in price last week. In fact, editors noticed sub-compact luxury crossovers saw the most […] [Read More]

Donlen recently announced that the company has brought on a new vice president of client relations to lead its team of national account executives. Chosen for the position is Roger Setzke, who has more than 12 years of previous experience at Donlen and over 25 years of extensive sales leadership experience. “Donlen continues to invest in high-performing […] [Read More]

Dealers Auto Auction of Oklahoma City (DAA/OKC) recently announced that its past general manager has returned to the auction to resume his former role. For Bruce Beam, son-in-law of the auction's owner, Gary Smith, it’s a return to the family business as well. Before leaving DAA/OKC in 2012 to work for Express Credit Auto, Beam […] [Read More]

The International Automotive Remarketers Alliance is currently gearing up for its 16th annual Summer Remarketing Roundtable series beginning on Aug. 16 in Nashville, Tenn.  The roundtable is titled, “The Voice of Consignors” and will feature four unique sessions. This year’s series of sessions include Trends in Automotive Logistics, Auto Mechanics 101, Retail Remarketing Trends and […] [Read More]

Copart has expanded its locations in both Candia, N.H., and West Warren, Mass., the company announced on Tuesday. "We have grown our business in New England and across the Northeast and are proud to announce these expansions," Copart chief executive officer Jay Adair said in a news release. "They enable us to continue to provide outstanding service to […] [Read More]

Editors turned a phrase for this week’s Black Book Market Insights report, highlighting that “a mixed bag of vehicle valuation strength” summarized the activity in the lanes. Black Book noticed that some cars and trucks produced a “widening” gap in strength with compact vans and luxury cars generating price gains. But editors also found that […] [Read More]

On Tuesday, KASP Auto Auction announced the appointment of Michele Pierog as its vice president of national sales. An industry veteran with over 15 years of experience, KASP highlighted that Pierog brings a wealth of experience in all facets of the auction business. Pierog started her career in 2002 with Auto Auction of New England, […] [Read More]

RMS Automotive recently announced that it has partnered with vAuto to make the evaluation and acquisition of manufacturers’ premium off-lease and off-program vehicles a speedier process for dealers. Open sale inventory listed on manufacturers’ digital sales platforms powered by RMS Automotive is now integrated into vAuto’s Stockwave tool. The integration can save dealers time sourcing […] [Read More]

Auction sales volume wasn’t quite as heavy in June as it was in May, but there was still a good bit more units pumping through the lanes this June than last. And through the first half of the year, the late-model segment, in particular, is up close to 8 percent.  According to the latest Guidelines […] [Read More]

J.D. Power Valuation Services might have sounded like the firm formerly known as NADA Used Car Guide was repeating itself when analysts shared both their assessment of used-vehicle price movement in June and their projection for July. According to the latest edition of Guidelines, J.D. Power Valuation Services reported that wholesale prices of used vehicles […] [Read More]