Lane watch: Back to typical depreciation readings as 2025 winds down
Wednesday, Dec. 10, 2025, 03:45 PM
Auction Academy president Wanna looks back at an ‘energizing’ year
Wednesday, Dec. 10, 2025, 02:32 PM
Commercial consignor sales at auction reflect strength in off-rental, repo volumes
Tuesday, Dec. 9, 2025, 01:44 PM
Wholesale
Ford Auction Service Award Program Winners
Friday, Feb. 13, 2015, 08:59 PM
Auto Remarketing Staff
As part of the Ford Auction Service Award Program, facilities operated by ADESA, Brasher’s and Manheim all recently earned accolades from Blue Oval remarketing officials. Manheim collected the most honors as operating locations in Chicago, Manheim, Pa., New York and St. Louis were selected as recipients of a 2014 Ford Auction Recognition Award. As part […] [Read More]
Auction Prices Rising in Q1 Before Predicted Rapid Decline
Friday, Feb. 13, 2015, 07:50 PM
Auto Remarketing Staff
Used-price drops slowed as last year closed out, and February is off to a mild start when it comes to depreciation. Signs of tax season are also starting to rear their head. According to the latest Guidelines report from NADA Used Car Guide, used-vehicle prices are expected to rise by 1 percent to 1.5 percent […] [Read More]
3 Factors to Optimize Loads to Contain Transportation Costs, Improve Speed to Market
Friday, Feb. 13, 2015, 07:38 PM
Martha Garcia-Perry, MetroGistics
Vehicle transport companies deal with numerous clients that purchase or sell vehicles at auctions and request help with shipping. Among these are many dealerships adding to their inventory and car rental companies looking to sell vehicles at auctions. One factor that can impact the viability of auction purchases and/or sales is transportation costs. Maximizing loads […] [Read More]
DAA Names New Managing Director
Wednesday, Feb. 11, 2015, 07:07 PM
Auto Remarketing Staff
The Dealer’s Auto Auction Group announced recently it has named Robin Treadway as the group’s managing director of auction operations. David Andrews, the chief executive officer of City Enterprises LLC, DAA’s parent company, made the announcement. “Robin’s expert knowledge of the auction industry covers every segment of our business,” Andrews said. “We are blessed to […] [Read More]
Motorcycle Auction Winner Continues Charity
Tuesday, Feb. 10, 2015, 08:44 PM
Auto Remarketing Staff
The top bidder for a motorcycle at ADESA’s auction during the recent NADA Convention and Expo in San Francisco at the end of January will ride it across the country to raise further funds for various charities. Greg Noonan, who won the 2012 Harley-Davidson Heritage with a $20,000 bid, will further contribute funds raised from […] [Read More]
Northwood University Honors KAR’s Hallett
Monday, Feb. 9, 2015, 09:09 PM
Auto Remarketing Staff
KAR Auction Services chief executive officer Jim Hallett has another award to add to his mantle. Hallett was recognized as one of six Northwood University Outstanding Business Leaders at the 35th annual Outstanding Business Leader (OBL) Awards Gala on Saturday. Officials highlighted Hallett was recognized for his longstanding track record of professional success and leadership […] [Read More]
February Brings With It Stronger Prices in Lanes
Monday, Feb. 9, 2015, 06:25 PM
Auto Remarketing Staff
The first week of February came with more positive price adjustments at auction after prices fell a bit more than usual during the last week of January. Overall, car prices at auction dropped a mere $32 (or .22 percent) this past week, which represents the strongest price retention seen in over a month. That’s according to […] [Read More]
Wholesale Prices at Highest Level in Almost 3 Years
Friday, Feb. 6, 2015, 07:22 PM
Auto Remarketing Staff
Kentucky’s men’s basketball team just won the most recent of its eight NCAA national championships the last time used-vehicle values rose to the level Manheim determined as the January reading. Manheim reported that wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased in January for the fourth consecutive month. This movement pushed […] [Read More]
One Auction’s View of the CFPB
Wednesday, Feb. 4, 2015, 09:47 PM
Jim DesRochers, Dealers Auto Auction of the Southwest
Ever wonder how an auction views the CFPB guidelines for its consigning partners? It’s simple: government regulations need to be followed, and auctions need to comply to insure both its partners and the consumers it represents have adequate protections. However, let’s also not assume that the auctions should be dictated to on how to run their […] [Read More]
DAA Employees Earn CAR Certification
Monday, Feb. 2, 2015, 08:55 PM
Auto Remarketing Staff
The Dealer’s Auto Auction group announced recently that eight of its employees have now completed the International Automotive Remarketers Alliance (IARA) Certified Automotive Remarketer (CAR) Program. According to the company, they now have eight of the 101 total graduates of the program. Mark Hopkins, the national fleet lease manager at DAA, supervised the certification process of the […] [Read More]
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