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]

One of the fundamental issues dealers have with buying vehicles online is the inability to lay hands on the vehicle and get a true feeling for its condition. Manheim’s Enhanced Vehicle Imaging product aims at curbing such issues. Made in partnership with fellow Cox Automotive company HomeNet, Manheim provides several packages of vehicle image portfolios to […] [Read More]

In an event that began Tuesday and culminates at the “It’s a New Season at Manheim Denver” sale, Manheim Denver is in the midst of hosting two days of sales, featuring more than 4,000 vehicles. The auction is celebrating and showcasing its renovated sales lanes, blocks and main office improvements during the event, marking not only its […] [Read More]

Four ADESA locations have been recognized by the auction company as top annual performers for either dealer sales or online sales in their respective regions, and another location has taken home honors as Dealer Services Auction of the Year. A post to the company’s Overdrive blog written by Keith Crerar notes that Dean Shelton and ADESA Phoenix […] [Read More]

According to the latest numbers provided by the National Auto Auction Association, auction volume is up nearly 7 percent year-to-date against comparable weeks of 2014.  The latest Economic Dashboard, prepared by NAAA economist Ira Silver and posted to the association’s website earlier this month, said year-to-date auction volume climbed 6.9 percent through three months of […] [Read More]

DAA Northwest announced at its recent NASCAR Days event that its 20th Annual Rock & Roll Sale will be headlined by yet another group of classic rock legends: Ann and Nancy Wilson of the band Heart. The Wilson sisters, the Rock and Roll Hall of Fame inductees who have led Heart, wrote the band’s songs and remained […] [Read More]

Insurance Auto Auctions opened its Chicago-North branch location in East Dundee, Ill. on Wednesday. The event included a ribbon-cutting ceremony with IAA chief executive officer and president John Kett, East Dundee Village president Lael Miller and Northern Kane County Chamber of Commerce president Melissa Hernandez. The auction also hosted a lunch with guests invited from the community, including more than […] [Read More]

Auction demographics have changed substantially over the years, with cultural differences in a variety of geographic markets driving the need for new ways to promote auctions to that wide-ranging cultural shift. As we focus more and more on Internet shopping and selling, as well as cross-platform issues, we also need to look at people-centric issues […] [Read More]

Though tax season is on the way out with Wednesday marking the final day to file taxes, the Black Book editorial team continued to see strength in the lanes last week, especially for some of the smaller car segments. For example, compact cars saw prices rise by $47 (or 0.52 percent), while entry-level cars saw […] [Read More]