Ally Financial recently recognized its top performing auctions for 2015. Awards were given to auctions around the country for performance, leadership and growth throughout the year. “The Ally team appreciates the effort and support provided by all of our auctions, without which we could not be successful. We are pleased to congratulate this year’s winners, […] [Read More]

You’re a publicly traded company that owns the second-largest auto auction chain in the country. Your portfolio also includes a suite of dealer- and auction-based technology and digital offerings that certainly enhance the brick-and-mortar experience or could be considered an alternative to it. So, what do you do? You make acquisitions and investments in both. […] [Read More]

Santander Consumer USA recently gave awards to 10 different auction locations when the consignor honored them for the wholesale work performed not only for SCUSA, but Chrysler Capital as well. Taking the accolades as both Santander Consumer USA Auction of the Year as well as Chrysler Capital Auction of the Year was Manheim North Carolina. […] [Read More]

Black Book reached a partnership to become the exclusive provider of vehicle valuation data for Auction Simplified, a custom online auction service for individual dealers. When making the announcement on Wednesday, Black Book highlighted wholesale vehicle buyers and sellers accessing Auction Simplified dealer auctions now can receive access to instant vehicle valuation data powered by […] [Read More]

The other day, I saw an interview between “The Late Show” host Stephen Colbert and Nick Offerman (who will always be “Ron Swanson” in my mind). They talked glowingly about the term “gumption,” even invoking a tale of self-starter Teddy Roosevelt, the former U.S. president who arguably was the embodiment of a can-do, take-charge attitude. […] [Read More]

In what we’re proud to call an annual tradition, Auto Remarketing publishes a special issue to recognize the leading women of the remarketing and used-car business: our Women in Remarketing issue.  Each of the leaders honored in our Women in Remarketing program takes on different responsibilities within the industry, and the companies they represent encompass […] [Read More]

Perhaps the sprouts of a springtime wholesale price rise now really are starting to germinate. According to ADESA Analytical Services’ monthly analysis of wholesale vehicle prices by vehicle model class, used-car prices in March averaged $10,815. The figure represented a 6.0-perent increase compared to February and a 1.7-percent uptick relative to March of last year.  Continuing a now-familiar […] [Read More]

Cox Automotive is expanding its global footprint by acquiring a majority shareholding in Molicar, a Brazilian vehicle valuations business. Based in Sao Paulo, Cox Automotive said Molicar is widely acknowledged as setting the “industry standard” for valuations in Brazil and represents a strategic fit for the company, which already owns the Kelley Blue Book brand […] [Read More]

It won’t be a “Saturday in the Park,” but rather a “Wednesday at the auction” when DAA Northwest hosts its annual Rock & Roll Sale. The auction has announced that Chicago will be the featured headliner at the July 20 event. “Every year, DAA’s customers, employees and vendors wait for this announcement with anticipation,” said DAA […] [Read More]

It has been unseasonably chilly and cloudy near the North Carolina offices of Auto Remarketing in recent days — to the point where it doesn't quite feel like spring.  Folks selling used cars in the wholesale market probably can relate.  Black Book released a pair of analyses on Tuesday, one detailing wholesale price movement over […] [Read More]