The auction market hasn’t wasted any time carrying over the auction sales volume momentum from 2016, and late-model vehicles are driving that charge. According to the latest Guidelines report from J.D. Power Valuation Services, there was a 17-percent gain in auction sales volume of cars up to 8 years old during the first four weeks of the […] [Read More]

TPC Management Co., an automotive industry consulting and executive recruiting firm now in its 21st year in business, announced on Wednesday the promotion of Jiles Wanna to the position of vice president of client services.  Wanna joined TPC in 2004 and has worked on projects under all three umbrellas of the firm, including TPC Consulting […] [Read More]

TPC Management Co. announced this week that Penny Wanna has been promoted to president of Auction Academy, the continuing education program the company developed to benefit the wholesale industry. Wanna has been involved with the Auction Academy program since its inception in early 2012 and most recently served as vice president of administration. “From the beginning […] [Read More]

With dealers noticing tax-refund money slowly starting to impact their retail business, Black Book’s latest Market Insights report showed truck segments retaining their value much better than car segments compared with previous weeks. Editors noticed two vehicle segments within the truck segment — subcompact crossovers and compact vans — maintained their values from the previous […] [Read More]

An Australian vehicle history report provider is coming to the U.S. It was announced Monday that CarRecord will soon offer vehicle history reports to American customers, plus NADA Values from J.D. Power Valuation Services. The company has integrated those values into its history reports.  Wayne Myers, who is the chairman of CarRecord parent company Dealer […] [Read More]

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Auto Remarketing is now accepting nominations for the Women in Remarketing Class of 2017. Don't miss the opportunity to honor the exceptional women of the used-car industry, who drive businesses such as auctions, consignors, dealerships, captive finance companies and more. The April 1 issue of Auto Remarketing will contain a special section designed to honor those women that […] [Read More]

Auto Remarketing received word on Friday morning that GM Remarketing manager Dan Kennedy announced his intention to retire from General Motors after nearly four decades with the OEM. According to the message Kennedy distributed, he said, “As I write this, I am looking forward to a new chapter in my life. After 39 years with […] [Read More]

The International Automotive Remarketers Alliance announced on Tuesday it has updated its new website by integrating association management software designed to improve online membership management. The software was created to manage alliance membership, improve communication within the organization, streamline online education and enhance other website functionalities, according to the alliance. “The IARA board commissioned IARA executive […] [Read More]

On Wednesday, salvage vehicle auction company Insurance Auto Auctions named a new chief operating officer and made five additional key senior leadership appointments following the change. Chosen for the COO position is Tim O'Day, who was most recently senior vice president of finance. "Tim has strong strategy and management expertise and a proven track record […] [Read More]