ADESA announced on Monday that ADESA Northwest has been named the U.S. Bank 2015 Auction of the Year, Marine/RV Segment. ADESA Northwest was known as Brasher’s Northwest Auto Auction at the time of the award. The auction has received this honor every year since U.S. Bank began awarding it in 2010 as a way to recognize […] [Read More]

Southeastern Auto Auction celebrated 20 years in Savannah, Ga., with an anniversary sale on Wednesday. The event offered a record consignment featuring a variety of vehicles from new car dealers, independent dealers and institutional accounts, both in the lines and online. Dealers enjoyed a BBQ lunch and a chance to win a variety of prizes […] [Read More]

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 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]

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]

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]

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 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 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]

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]