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Latest Stories
Wholesale
NAAA takes safety message to peers in UK
Monday, May. 23, 2016, 07:57 PM
Auto Remarketing Staff
As the first step toward plans to provide its Auction Safety Certification and Lane Safety Training programs globally, the National Auto Auction Associations recently took the message of the “Safe T. Sam” program to its counterparts in the United Kingdom. NAAA president Mike Browning, executive president Jay Cadigan and AutoTec president Chuck Redden met with […] [Read More]
ADESA makes management promotions at 2 auctions
Monday, May. 23, 2016, 06:16 PM
Auto Remarketing Staff
ADESA has announced management promotions at two auction locations. Jay Hinchman, former general manager at ADESA Las Vegas, and Geoff Parker, former general manager at ADESA Cincinnati/Dayton, were both recently promoted to regional vice presidents to oversee the company’s new Midwest and Mideast auction regions, respectively. Brenda Aden, former assistant general manager of ADESA Las Vegas, […] [Read More]
AiM announces new VP of auction operations
Monday, May. 23, 2016, 02:34 PM
Auto Remarketing Staff
Alliance Inspection Management has hired Jeff Gaetz as vice president of auction operations. Gaetz will oversee and manage all of AiM’s vehicle inspection operations at auction sites throughout the United States. He also will manage AiM’s nationwide network of auction inspections and operations as well as supporting customer relationships throughout the U.S. and Canada. Additionally, he […] [Read More]
ServNet adds auction, 2 directors
Monday, May. 23, 2016, 10:00 AM
Auto Remarketing Staff
ServNet has added another auction to its ranks and brought on two additional board members, the auction group announced Monday. Following the spring meeting of ServNet owners, president Kevin Brown said that North Bay Auto Auction had joined the group. “I am very pleased to report that ServNet will be represented in Northern California by […] [Read More]
April average wholesale price stays near $11K
Friday, May. 20, 2016, 02:56 PM
Nick Zulovich, Staff Writer
ADESA chief economist Tom Kontos dipped into his vast vocabulary to arrive at an adjective to describe what the company’s latest data indicated about the wholesale market. Kontos came up with a word that might be in your child’s next spelling bee — bifurcated. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle […] [Read More]
Auction volume dips in April, while ’14s continue to outsell ’15s
Tuesday, May. 17, 2016, 08:34 PM
Sara Schweiger, Staff Writer
The number of vehicles up to 8 years old sold at auction fell by 5 percent to 360,700 over the four-week period ending April 25 compared to the four weeks prior, according to NADA Used Car Guide's monthly used-car update. While sales of 2016 units increased by 46 percent to 12,500, sales for other model years […] [Read More]
Copart expands Denver location
Tuesday, May. 17, 2016, 08:07 PM
Auto Remarketing Staff
For the second time in about a week, Copart made a move in Colorado — this time with the expansion of its location in Brighton, which serves Denver and surrounding areas. “This is a really big year for Copart. We just announced the opening and first online auction for our Colorado Springs location,” Copart chief executive […] [Read More]
MetroGistics appoints VP of operations
Tuesday, May. 17, 2016, 06:21 PM
Auto Remarketing Staff
MetroGistics, a provider of automotive logistics services, has promoted Jeremy Cope to the position of vice president of operations. He previously served as director of logistics operations. “We’re delighted to promote this dedicated expert to VP of operations,” said William Billiter, co-founder and managing partner. “Jeremy has been eager and successful at putting forth his […] [Read More]
3 rare units on tap for Barrett-Jackson’s first Northeast Auction
Friday, May. 13, 2016, 07:24 PM
Auto Remarketing Staff
Barrett-Jackson is heading to Connecticut’s Mohegan Sun casino next month for its inaugural Northeast Auction, an event that will feature a broad range of vintage, customs, supercars and late-model vehicles. “We’re set to make our debut Northeast Auction at Mohegan Sun one of the most exciting automotive experiences on the East Coast this year,” said […] [Read More]
Donlen names top auction award winners
Friday, May. 13, 2016, 01:46 PM
Auto Remarketing Staff
Donlen, a provider of financing and management solutions for the fleet industry, announced the 2015 recipients of its Top Auction awards. “The partnership we form with auction partners is a vital component of our remarketing program and its success,” said Dan Powers, director of vehicle remarketing for Donlen. “By consistently meeting, and in many cases […] [Read More]
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