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NAAA’s Browning shares thoughts from National Auto Auction Week
Thursday, Aug. 18, 2016, 08:21 PM
Auto Remarketing Staff
National Auto Auction Association president Mike Browning found both celebratory and somber moments during National Auto Auction Week, which was wrapping up Friday. A highlight from the weeklong event was the announcement of the four regional winners of NAAA’s first-ever Auto Auction of the Year Award, which honors excellence in community service. The winners were: • Eastern […] [Read More]
KAR promotes Massingale to VP of enterprise optimization
Thursday, Aug. 18, 2016, 06:09 PM
Auto Remarketing Staff
KAR Auction Services announced that Tim Massingale has been promoted to vice president of enterprise optimization. He will report to David Vignes, KAR executive vice president of enterprise optimization. As part of the enterprise optimization team, Massingale will help to maximize resources and increase synergies across all of the KAR business units. He also will […] [Read More]
With latest disaster near Gulf Coast, industry ready to spot flood-damage units
Wednesday, Aug. 17, 2016, 07:58 PM
Nick Zulovich, Staff Writer
The National Weather Service Office in New Orleans reported that more than 10 of its recording stations in southern Louisiana counted at least 10 inches of rain during a 48-hour span this past weekend, with one area approaching 22 inches. The torrential downpours happened not far from where Hurricane Katrina deluged the Gulf Coast 11 […] [Read More]
Copart opens 2nd location serving Denver
Wednesday, Aug. 17, 2016, 04:30 PM
Auto Remarketing Staff
Global online vehicle auction company Copart has announced the opening of Copart Denver Central, the company’s third location in Colorado and its second in the Denver area. “In May, we announced the opening of and first auction at our new Colorado Springs location, then we expanded our original Denver area location, and now we are […] [Read More]
KCI named NAAA Western Auction of Year
Wednesday, Aug. 17, 2016, 02:01 PM
Auto Remarketing Staff
Kansas City Independent Auto Auction (KCI Auto Auction) has earned the inaugural 2016 Western Auction of the Year Award from the National Auto Auction Association, which is celebrating National Auto Auction Week from Monday through Friday. Kansas City, Mo.-based KCI Auto Auction is one of four auctions from each of NAAA’s membership regions to win […] [Read More]
Louisiana’s 1st Choice finalist for NAAA national award
Wednesday, Aug. 17, 2016, 01:43 PM
Auto Remarketing Staff
Louisiana’s 1st Choice Auto Auction (LFCAA) has earned the inaugural 2016 Southern Auction of the Year Award from the National Auto Auction Association, which is celebrating National Auto Auction Week through Friday. Hammond, La.-based LFCAA is one of four auctions from each of NAAA’s membership regions to win the award, which offers excellence in community service. Each […] [Read More]
United Road names new president, chairman
Tuesday, Aug. 16, 2016, 07:20 PM
Auto Remarketing Staff
United Road Services announced a couple of shifts in its senior leadership Tuesday. Kathleen McCann will continue in her role as chief executive officer, but will move from serving as president to becoming the chairman of United Road’s board of directors. Mark Anderson is now president, while also keeping his existing role as chief […] [Read More]
Luxury models show steepest weekly depreciation among cars
Tuesday, Aug. 16, 2016, 06:11 PM
Sara Schweiger, Staff Writer
Overall car values continue to face notably higher depreciation than trucks, according to this week’s Black Book Market Insights report. Volume weighted, overall car segment values for model years 2008-2014 decreased by 0.77 percent last week, which was significantly higher than the average depreciation rate of 0.48 percent seen in the previous four weeks. Luxury […] [Read More]
The value of partnerships & personal relationships
Monday, Aug. 15, 2016, 08:39 PM
Jim DesRochers, Dealers Auto Auction of the Southwest
I thought I would diverge from my normal discussions this month as a result of a recent customer forum hosted by ShipCarsNow. First, let me say that the graciousness of the management of ShipCarsNow and the incredible attention to detail of the staff could create standards for any industry conferences going forward. With that said, this […] [Read More]
2 more ADESA auction management changes
Monday, Aug. 15, 2016, 07:18 PM
Auto Remarketing Staff
A week after making manager changes at ADESA Orlando and ADESA Los Angeles, the business unit of KAR Auction Services on Monday announced adjustments to its auction management teams at ADESA Colorado Springs and ADESA Austin, effective immediately. The company said Steve Swanson, previously general manager at ADESA Austin, has been named general manager at […] [Read More]
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