As we come to the end of the spring selling season and tax-time highs, one branch of the market isn’t losing momentum. The truck market continues to be strong, said industry analysts in the latest Black Book Market Insights report. In fact, the Black Book editors explained they are tracking a continued pattern of strength […] [Read More]

On Tuesday, ARI launched what the company dubbed ARI SustainableWorks, a consulting service designed to help organizations configure best-in-class fleets supported by clean, efficient and cost-effective fleet solutions. The company highlighted ARI SustainableWorks is designed to help clients develop and implement forward-thinking sustainable strategies that are tailored to each fleet’s unique objectives, needs and operating […] [Read More]

Wholesale network AutoWurld announced Thursday it has formed a partnership with Prime Auto Care to provide third-party volume-priced sales support services to its franchise, independent and wholesale dealers at a discounted rate with an AutoWurld membership. The services also include warranty and inspection services, including a 158-point inspection service through AutoWurld’s partnership with OneGuard that […] [Read More]

Spring might seem to have barely started weather-wise in places such as Michigan that saw snow flurries as recently as seven days ago. But according to the latest edition of Black Book Market Insights, spring might well be nearly finished in the auction lanes. Black Book editors acknowledged that they began to see signs of […] [Read More]

U.S. Bank recognized 2014 Auction of the Year winners, spotlighting five auctions with annual honors. The winning locations are listed below: Highline Segment Winner: Manheim Pennsylvania Lease Return Segment Award: Manheim Milwaukee Retail Repo Segment Winner: Manheim Riverside U.S. Bank Asset Remarketing Director's Award: ADESA Kansas City  Marine/RV Segment: Brasher's Northwest Time Change at Manheim […] [Read More]

KAR Auction Services has promoted Jay Bahel to the position of vice president of strategic initiatives, the company announced Monday. His duties in the new role include playing an integral role in building and executing company growth initiatives, while implementing technology to simplify internal and customer-facing processes, the company said. Making the announcement was KAR […] [Read More]

Fiserv announced its auction award winners on Monday, and the top-performing accolade went to the same location for the second year in a row. Taking the 2014 honor from Fiserv was Carolina Auto Auction for its continued outstanding customer service and strong sales results. Carolina AA, based in Anderson, S.C., also received this award for […] [Read More]

Manheim announced Thursday that it has expanded its mobile auction network by adding two trucks to the 14 mobile units already in operation. The company also announced that it will add up to eight more by the end of the year, bringing the total count for its mobile fleet up to 24. The new mobile […] [Read More]

The strength in wholesale pricing is still evident, but a “tired tax season” may be emerging along with buyers who feel that prices are due to come down. That’s what the Black Book editorial team observed last week in the auction lanes and reported in the latest Black Book Market Insights report.  Overall movement in […] [Read More]

In a contest that organizers said was “as close as it’s ever been,” the title of world champion auto auctioneer now belongs to Bobby Ehlert of Phoenix. Manheim Nevada hosted the 2015 World Auto Auctioneers Championship held Friday in Las Vegas. Ehlert managed to hold off New Hampshire’s Michael Chambers and Indiana’s TJ Freije in the […] [Read More]