The Sparkling City Auto Auctions have announced that both of its auction locations will be renamed on Monday.  They are currently the Sparkling City Auto Auction of Corpus Christi and the Sparkling City Auto Auction of San Antonio, respectively. They will be renamed to the Corpus Christi Auto Auction and the San Antonio Auto Auction. “When we purchased the auction […] [Read More]

Manheim North America announced Wednesday the appointment of a new senior vice president of client experience. Taking on the role effective March 1 is Doug Keim, who will be responsible for developing and executing initiatives designed to improve dealer and commercial client satisfaction and profitability. Keim will report to Janet Barnard, Manheim North America’s president. […] [Read More]

Prices in the lanes are holding stable as dealers buy up inventory in preparation for tax refunds to start pouring into potential customers’ bank accounts. Price depreciation at auction last week was very slight, according to the latest Black Book Market Insights report. Car prices dropped by just 0.19 percent or $19, according to Black […] [Read More]

As part of what the company described as its ongoing commitment to position top talent to drive business growth for its clients, Manheim appointed Kevin Chartier as vice president of commercial sales on Monday. In his new role, Manheim indicated Chartier will focus on the overall growth and development of Manheim’s commercial business, including managing […] [Read More]

A big part of the job at Auto Remarketing and of most any news organization is to keep tabs on public relations newswires. It’s a good way to learn about new companies, learn what businesses are up to and perhaps even get a bit of analysis. One bit of PR information we see quite often […] [Read More]

BSC America president R. Charles Nichols recently announced the promotion of Chuck Wenzel to the position of sales director for the company’s specialty division. Wenzel, who previously served as assistant general manager at Bel Air Auto Auction, will be in charge of powersports, boats and RVs as well as truck and equipment sales with BSC’s […] [Read More]

Last month’s auction sales volume accelerated from December, but still was softer than the year-ago period. That’s according to the February Guidelines report from NADA Used Car Guide, which said there were 322,200 vehicles 8 years old or newer sold at auction during the four weeks ending Jan. 25. That beat the prior month by 38 […] [Read More]

Auto Remarketing will be running its semiannual Spotlight on Commercial Consignors in our March 15 print publication, but with some important changes to how the listings are being compiled. If you are a commercial consignor and would like your company included in this FREE listing, you must provide all of the following to Auto Remarketing by Feb. 26 — even if you have […] [Read More]

As the industry gears up for the early-spring selling season, depreciation is slowing down, per historical trends. According to the latest Guidelines report from NADA Used Car Guide, wholesale vehicles prices were flat in January, falling by only 0.1 percent from December. That said, while the change was slight, January’s decline was slightly worse than […] [Read More]

It’s that time of year again – Auto Remarketing is now officially accepting nominations for the Women in Remarketing Class of 2016. Don't miss the opportunity to honor the exceptional women of the remarketing industry, who drive businesses such as auctions, consignors, dealerships, captive finance companies and more. Do you work with a female colleague […] [Read More]