Manheim wholesale value index hits highest level in 34 months
Tuesday, Apr. 7, 2026, 04:30 PM
Used Car Summit’s remarketing roundtable to tackle fraud prevention, digital sales, customer service, EVs & more
Thursday, Apr. 2, 2026, 12:57 PM
COMMENTARY: Why dealers need a complete buy-in to have a successful buy center
Thursday, Apr. 2, 2026, 10:49 AM
Wholesale
Cox Automotive secures majority stake in Molicar
Wednesday, Apr. 13, 2016, 09:02 PM
Auto Remarketing Staff
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]
Baby, what a big surprise: Auction’s Rock & Roll headliner
Wednesday, Apr. 13, 2016, 08:47 PM
Auto Remarketing Staff
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]
Spring forward? Not in used-car prices
Tuesday, Apr. 12, 2016, 07:31 PM
Joe Overby, Senior Editor
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]
KAR launches Data Science Solutions Group
Tuesday, Apr. 12, 2016, 10:55 AM
Joe Overby, Senior Editor
KAR Auction Services said Tuesday it has launched a Data Science Solutions Group that aims to help customers improve business decisions through analytics and predictive modeling. KAR DataSci will be led by Dr. Huey Antley, who was most recently vice president of marketing analytics for KAR’s Automotive Finance Corp. subsidiary. Antley will report to KAR […] [Read More]
Barrett-Jackson moves $23M in vehicles & more at Palm Beach sale
Monday, Apr. 11, 2016, 08:27 PM
Auto Remarketing Staff
Barrett-Jackson tabulated that it sold more than $23.2 million in collector cars and automobilia while attracting dramatically more bidders and attendees during its 14th annual Palm Beach Auction this past weekend. On Monday, the company highlighted this year’s Barrett-Jackson Palm Beach auction increased sales year-over-year with a higher average vehicle price in front of 65,000 […] [Read More]
Paul Lips’ path to ADESA COO
Thursday, Apr. 7, 2016, 10:17 PM
Joe Overby, Senior Editor
Two decades ago, Paul Lips — who had been in the Indianapolis area working in public accounting since graduating from Ball State University in 1990 — received a call. It was about an opportunity with this auction company in the area known as ADESA, and he decided to go in for an interview. “I came in […] [Read More]
Manheim Index finishes Q1 with 3 straight declines
Thursday, Apr. 7, 2016, 06:22 PM
Auto Remarketing Staff
Cox Automotive chief economist Tom Webb looked to quell any negative reactions because wholesale used-vehicle prices declined again in March, marking the third consecutive drop. The streak left the Manheim Used Vehicle Value Index — a measure of wholesale prices adjusted for mix, mileage and season — at a reading of 122.5 in March, representing […] [Read More]
ADESA announces COO & new auction structure
Thursday, Apr. 7, 2016, 04:16 PM
Auto Remarketing Staff
ADESA has named Paul Lips its chief operating officer for the U.S. He is being promoted from his current role as executive vice president of operations and finance. This move coincides with a new structure for ADESA’s auction groups. In the new post, Lips will head up the entire U.S. auction operations group for ADESA, […] [Read More]
COMMENTARY: Going ‘back to the future’
Wednesday, Apr. 6, 2016, 09:01 PM
Jim DesRochers, Dealers Auto Auction of the Southwest
I have to give kudos to Tony Moorby and his excellent historical perspective during his presentation at CAR. The one key piece I focused on and pondered during the entire conference, because it intrigued me, was when he reminded us all that when we thought the sky was falling when governments outlawed odometer and title "adjustments," the […] [Read More]
MetroGistics promotes 3 employees to manager posts
Wednesday, Apr. 6, 2016, 07:41 PM
Auto Remarketing Staff
This week, MetroGistics promoted three of its employees into managerial positions at the automotive logistics services provider. Brittany Twist, Alisha Bray and Alycia Lamartina all have new roles as Twist is now claims manager while Bray and Lamartina are both operations managers “We’re thrilled to promote all three valued employees,” MetroGistics co-founder and managing partner […] [Read More]
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