ADESA subsidiary AutoVIN has signed a definitive agreement to purchase the vehicle inspection business of DataScan Field Services. The closing of the deal — which is subject to conditions — is projected to happen within 60 days. The two combined companies plan to provide all major leasing companies and auto lenders with inspection services. This news comes […] [Read More]

Through two months of the year, auction volume is up 8 percent against comparable weeks of 2014, according to the latest Economic Dashboard prepared by Ira Silver, the chief economist at the National Auto Auction Association. For the month of February, auction volume jumped 5.2 percent year-over-year, the report indicated. January auction volume climbed 10.7 percent. […] [Read More]

MetroGistics, a provider of automotive logistics services, announced today that is has completed a merger of its operations with McNutt Automotive Logistics. MetroGistics will maintain its headquarters in St. Louis while keeping a satellite office in Clinton, Mo. “As our two companies have gotten to know each other better, we’ve adapted best practices from each […] [Read More]

Black Book announced Monday it has a new chief technology officer and senior vice president, a newly created role for the company. Chosen for the role is Laird Popkin. The promotion is effective immediately. In the new position, Popkin is responsible for all product development and IT operations for the entire group, which includes National […] [Read More]

Joining several others announcing annual awards in March, General Motors has recognized ADESA Minneapolis as its 2014 Auction of the Year. The auction — a first-time winner of this award — was chosen out of the 34 GM Sponsored Auctions throughout the U.S. and is recognized for “its unwavering commitment to providing customers with the […] [Read More]

Auction and industry award announcements continued Thursday at the NAAA/IARA/CAR Conference in Las Vegas, with more businesses being honored for their performances. Starting off with Avis Budget Group, the 2014 Avis Budget Group Auction Performance Award Winners are below: Overall Volume Leader: Manheim Dallas Best New Auction Performance: Manheim San Francisco Bay Best Performance Retention […] [Read More]

Nineteen independent auctions were honored Tuesday night by Manheim during the OVE.com Awards Ceremony at the CAR Conference in Las Vegas. Manheim’s vice president of digital services, Jenifer Eggert, said: “Manheim wants to thank all these independent auctions for setting a great example for the industry. Congratulations to all of the winners.”  Those winners were […] [Read More]

A few handfuls of auction awards and other industry honors were recognized Wednesday with annual top honors from consignors, as the first round of auction award announcements began circulating. Plus, at the CAR Conference in Las Vegas, the International Automotive Remarketers Alliance awarded its IARA Circle of Excellence award to Tom Adams, president of the Auction […] [Read More]

KAR Auction Services announced on Tuesday afternoon that business unit ADESA expanded its presence in Pennsylvania with the acquisition of Pittsburgh Auto Auction in New Stanton, Pa. This location joins two other ADESA auctions in the region, ADESA Pittsburgh and ADESA PA. The company indicated Chris Angelicchio will continue as general manager of the auction. […] [Read More]

Manheim Pennsylvania will host its fourth annual Xtreme Spring Sale on Thursday and Friday this week. The two-day event will feature more than 13,000 vehicles, starting with Manheim’s 100 Grander Sale on Thursday. Like its name suggests, the event will have over 400 high-end exotic vehicles, including Corvettes, classic cars, muscle cars and motorcycles. The […] [Read More]