December is throwing some curveballs in the lanes. As commentary from Black Book personnel at auction flowed in last week, it became clear “the market is not acting in typical December fashion.” That’s according to Black Book editorial director Ricky Beggs, who highlighted some unusual movement for auction prices this past week in his latest […] [Read More]

Last month brought with it higher prices in the lanes, and even though overall used supply is expected to expand in the coming months, seasonal tightening was perhaps the culprit for the rate spikes in November. According to NADA Used Car Guide, auction prices for vehicles up to 8 years in age fell by 1.3 […] [Read More]

When you talk with Janet Barnard, the newly named president of Manheim North America, it’s clear that customer feedback, particularly as it relates to technology and innovation that improves the business process, is of great importance. And in a conversation with Auto Remarketing this fall, she also described how Manheim’s teamwork with fellow Cox Automotive companies […] [Read More]

It was announced this afternoon Janet Barnard will be taking on the position of president of Manheim North America. The move is effective immediately. Barnard, who previously served as executive vice president and chief operating officer, will continue to lead the company's core vehicle auction business that includes 78 operating locations and a team of […] [Read More]

Manheim officially announced today a selective partnership with the DriveTime Automotive Group that will make the auction company the exclusive remarketer for DriveTime’s inventory. Susie Heins, vice president, major dealers at Manheim, took the time to speak with Auto Remarketing to outline her company’s excitement for the new arrangement. “DriveTime, which is the largest subprime […] [Read More]

Though most dealers are used to wholesale prices falling right along with the leaves, the tides turned a bit this past November. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices by vehicle model class, wholesale prices rose by 1.8 percent compared to October. The average price of $9,862 in the lanes […] [Read More]

Insurance Auto Auctions Inc. announced this week that it has raised over $142,000 to donate to Alex’s Lemonade Stand Foundation for the purpose of raising awareness and funds to battle childhood cancer.                                               Just […] [Read More]

Black Book on Tuesday promoted one of the many industry experts featured at Used Car Week — Jared Kalfus. Kalfus now is senior vice president of sales, expanding his current role overseeing data licensing and lender solutions to now include the sales team of Black Book’s Activator division. The company contends the promotion further solidifies […] [Read More]

Two northeastern Manheim locations have been going to work to give back to charitable organizations during this holiday season. Manheim New York, located in Newburgh, N.Y., ran a food drive in November to support its local St. Francis of Assisi Food Pantry. The auction matched the donation of food collected by its employees and its customers. […] [Read More]

It was announced by company president Ben Lange on Monday that America’s Auto Auction has acquired Harrisburg Auto Auction, a move that brings its auction count up to 11. “We are extremely pleased to welcome Harrisburg Auto Auction and its team led by industry veteran Lynn Weaver, to the America’s family of auto auctions,” Lange […] [Read More]