Cox Enterprises, parent company to Cox Automotive, announced that Alexander Taylor will succeed John Dyer as president and chief executive officer on Jan. 1. Taylor, who is currently executive vice president and chief operating officer of Cox Enterprises, oversees the Cox Communications, Cox Automotive and Cox Media Group branches and the company’s long-term growth and […] [Read More]

Auction Academy recently announced that its fifth class group has completed its first two sessions of the year, following two days of training, a seminar on selling vehicles online, and two field trips, The continuing education program for auto auction industry professionals welcomed its newest class group for its first day of training on April 6 […] [Read More]

In celebration of Earth Month, Manheim announced the following three sustainability goals for the year: offsetting carbon emissions by 3,000 tons at its facilities, saving 2.5 million gallons of water and achieving zero waste to landfill at one site. “Conservation is a big part of Manheim’s culture, fueled by the ongoing commitment to sustainability that […] [Read More]

OK, OK, OK. Want a sure sign the spring market is blooming in the auction lanes? Perhaps, here it is. The latest Black Book Market Insights report indicated compact cars performed the best out of all vehicle segments. On the other hand, editors noticed full-size vans saw the largest depreciation, dropping 0.38 percent in value […] [Read More]

Greater Kalamazoo Auto Auction, an XLerate Group auction, will celebrate its 41st year anniversary on Thursday with a special sale. In honor of its anniversary, GKAA said it will award more than a total of $15,000 in cash and prizes to a number of potential dealer customers who attend the sale this week. Each Thursday, the […] [Read More]

JMN Transportation recently announced that as a result of increased growth, the company created a transportation manager position that has been filled by Alex Vedder, who transitioned from his previous role as regional manager of JMN’s Georgia locations. In his new role as transportation manager, Vedder will be tasked with overseeing the operational and financial […] [Read More]

ServNet president Kevin Brown recently announced that the group plans to form a Client Advisory Board, which will be made up of 10 to 12 executives who represent key commercial accounts and institutional consignors. "The formation of a Client Advisory Board is an exciting new element in ServNet's ongoing efforts to build relationships, enhance communications and streamline […] [Read More]

ServNet recently announced that Louisiana's 1st Choice Auto Auction (LFCAA) of Hammond, La., one of its auction members, has chosen to promote two of its employees. Bridget Higginbotham, who has been with LFCAA for 14 years, has moved into the role of new business development director. Meanwhile, Katie Alombro, who has been with the auction for eight years, was […] [Read More]

ADESA Remarketing Limited, the UK affiliate of ADESA, announced recently that by way of its successful partnership with Arval, both companies have newly collaborated with Motability Operations to lead the transition to upstream defleet remarketing in the UK. This move allows ADESA to offer an increased volume of used vehicles on its upstream mobile technology platform […] [Read More]

KAR Auction Services chief economist Tom Kontos didn’t quote A Tale of Two Cities in his latest commentary about the wholesale market. But Kontos did make a play on words similar to the novel by Charles Dickens, saying “the tale of two markets resumed in March.” According to ADESA Analytical Services’ monthly analysis of wholesale […] [Read More]