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]

Here’s a statistic from Mercedes-Benz Financial Services to consider when thinking about how times have changed in the wholesale market. The fourth quarter of 2014 marked the first time that Mercedes-Benz Financial sales through its MBonDemand online wholesale portal have exceeded its sales in the auction lanes, said Sherry Keltner, the manager of online sales […] [Read More]

The Greater Rockford Auto Auction announced recently that it has hired a new national sales manager. Formerly the general manager of Manheim New Mexico, John Smith takes on the new role along with the responsibilities of overseeing sales and marketing efforts at the auction. Smith has 22 years of auction experience, now coming back to […] [Read More]

The Dealers Auto Auction of Oklahoma City held its first of several March Madness themed sales, which was also celebrated in conjunction with its 28th anniversary, this past Thursday. Its second sale following the theme will be held on Thursday of this week. “At our sales on March 12 and 19, our customers can participate […] [Read More]

When the cross-bidding capability within the multiplatform wholesale environment comes to fruition, said ARI’s Bob Graham, it will mark the most significant innovation since the Internet in terms of impact to the remarketing industry. “Cross-bidding among platforms will exponentially increase the opportunity for a seller to sell their vehicle faster and for a higher sales […] [Read More]