Less than a day after ADESA announced that it has decided not to participate in the remarketing industry’s currently proposed multiplatform system initiative, Manheim sent a message to Auto Remarketing reiterating its position to maintain a commitment to the wholesale market project. Janet Barnard, president of Manheim North America, described MPS as an industry-wide effort that […] [Read More]

Just in time for March Madness, Manheim is launching a basketball-themed “Selling in the Zone” promotion.  In a deal that began Monday and goes through March 29, customers are offered five “key plays” to help them market cars better and boost both buyer confidence and conversion rates. Those “plays” are depicted with basketball-themed player cards. […] [Read More]

ADESA announced Monday evening that it has decided not to participate in the remarketing industry’s currently proposed multiplatform system initiative. ADESA said in a statement: “The company has worked for nearly two years with major industry partners and invested several million dollars in attempting to evaluate and develop an MPS that would benefit both sellers and buyers. […] [Read More]

Manheim Ohio will host its monthly highline auction on Tuesday, featuring consigned vehicles from Jaguar Land Rover for the first time ever. Branded as “The Highline Collection, Powered by Manheim,” the auction will feature the largest selection of luxury vehicles in the Midwest, according to the company. Showcasing high-value luxury vehicles, the highline event is […] [Read More]

The National Independent Automobile Dealers Association recently announced its newest National Member Benefit partner. Joining NIADA list is Montway Auto Transport, a rapidly growing company that serves all 50 states. In just eight years, officials highlighted that Montway has grown from a small, family-owned transport broker to one of the largest auto transportation companies in […] [Read More]

Think late January, when winter had been relatively mild so far, and it was easy to start looking toward spring — then February rolled along and changed the game. This month brought with it record-low temperatures and snowfall across much of the United States, and this weather is impacting auto markets, as well, especially in […] [Read More]

During his company’s latest earnings conference call, Jim Hallett said he didn’t have any acquisition news to share, but the KAR Auction Services chief executive officer did hint at what may be in the pipeline. “So, with that I have nothing to announce today, but I would say that over the coming months you should […] [Read More]

Remarketing of America announced recently that ADESA Sioux Falls is its first national auction of the year ROA BlueAward winner. The award is given to auctions who are ranked based on their performance against ROA’s productivity scorecard. The five areas of service, according to ROA, are: Percentage of sell price compared to MMR Time (days) […] [Read More]

As Dealers Auto Auction of Oklahoma City celebrated Mardi Gras in February, staff members at Flint Auto Auction — who are no strangers to snow and cold temperatures, being located in Michigan — successfully tackled the latest winter event that impacted much of the U.S. When Mother Nature drops a lots of snow all at […] [Read More]

On the surface, the statistics certainly suggest strong retention. There was a 3.6-percent month-over-month increase and a 2.4-percent year-over-year gain in wholesale prices last month, according to the latest data from ADESA Analytical Services. Based on this growth, it’s a valid assumption that this means the wholesale market is conditioned to take on the kind […] [Read More]