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Latest Stories
Wholesale
ADESA elevates Dudash to VP of dealer services
Thursday, May. 12, 2016, 05:34 PM
Auto Remarketing Staff
ADESA continued its recent string of personnel moves on Thursday by promoting Steve Dudash to be vice president of dealer services. In this role, the business unit of KAR Auction Services explained Dudash will lead ADESA’s more than 300 dealer sales professionals across the country to ensure best practices and standardized processes are implemented nationwide […] [Read More]
NAAA Foundation awards $52,000 in scholarships
Wednesday, May. 11, 2016, 08:11 PM
Auto Remarketing Staff
The NAAA’s Warren Young Sr. Scholastic Foundation has awarded $52,000 in scholarship money to 12 students. The National Auto Auction Association established the nonprofit foundation in 2004 and named it in honor of industry pioneer Warren Young Sr. Winners are selected on the basis of academic success, leadership skills, honors, goals, work experience and community involvement. […] [Read More]
Charleston auction, dealers open hearts, wallets for homeless high-schoolers
Wednesday, May. 11, 2016, 07:19 PM
Auto Remarketing Staff
Charleston Auto Auction has teamed up with dealers to help provide homeless high school students with a place to live. So far, more than $6,000 has been raised for the H.O.M.E. Project at Stall High School, which is seeking to purchase a house to be used as a shelter. “I have heard some stories that […] [Read More]
What current industry leaders could learn from past alliances
Wednesday, May. 11, 2016, 06:16 PM
Jim DesRochers, Dealers Auto Auction of the Southwest
The auction industry has a strong history of cooperation that has led to visionary and long-term successes. AutoCheck, simulcast, AutoIMS and AuctionNet being typical examples, along with the NAAA, our long-term and solid association. Past leaders looked at the broader picture that would create strength across the entire industry, which would then provide a solid […] [Read More]
Manheim promotes 3 to general manager positions
Wednesday, May. 11, 2016, 03:23 PM
Auto Remarketing Staff
Manheim has promoted three people with a combined 55 years of experience with the company to general manager positions. Kevin Cook (Manheim North Carolina), Jesse Nelson (Manheim New York) and Bonnie Williams (Manheim South Houston) assumed their roles on May 2. “These new general managers know the ins and outs of the dealer business, after […] [Read More]
Prices in 3 car segments softening most year-to-date
Tuesday, May. 10, 2016, 06:11 PM
Nick Zulovich, Staff Writer
Softening car prices continued to be the talk among Black Book’s editors; so much that they dedicated much of this week’s Black Book Market Insights report to take a comparative look at how car segments have performed year-to-date in 2016 versus the same period last year. According to Black Book data and analysis, all car […] [Read More]
Copart opens its 2nd Colorado location
Tuesday, May. 10, 2016, 06:05 PM
Auto Remarketing Staff
Copart, an online vehicle auction company with more than 150 locations throughout the U.S., has opened a site in Colorado Springs. The 20-acre venue, the company’s second in Colorado, will hold its first auction Wednesday featuring 430 vehicles. "We are excited to announce the opening of our second location in Colorado to help us accommodate […] [Read More]
ADESA finalizes SADE acquisition, renames auction
Tuesday, May. 10, 2016, 03:29 PM
Auto Remarketing Staff
ADESA’s recent footprint growth in the Sunshine State is now finalized. The business unit of KAR Auction Services announced on Tuesday that it has successfully completed the acquisition of Sanford Auto Dealers Exchange (SADE) in Sanford, Fla. This location expands the ADESA’s presence in the Florida market and joins four other ADESA auctions in the […] [Read More]
Manheim teams with AiM to expand inspection services
Tuesday, May. 10, 2016, 03:22 PM
Auto Remarketing Staff
Manheim on Tuesday announced it is teaming up with Alliance Inspection Management to enhance its vehicle inspection capabilities at auction sites and dealerships throughout the U.S. More than ever, dealers are relying on inspection reports to aid the sales process and make buying decisions. Last year, Manheim conducted 3.5 million vehicle inspections, and the company […] [Read More]
XLerate buys Grand Rapids Auto Auction
Monday, May. 9, 2016, 08:46 PM
Auto Remarketing Staff
The XLerate Group announced Monday afternoon that it has purchased the Grand Rapids Auto Auction. “With the addition of GRAA, XLerate continues to execute on its plan to grow our business and its service offering by acquiring quality independent sales. GRAA is highly respected and will be a phenomenal complement to XLerate’s Greater Kalamazoo Auto […] [Read More]
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