To wrap up another year of providing the wholesale and retail community with weekly auction price updates, Black Book editorial director Ricky Beggs offered a special two-part series. In the end-of-year “Used Car Market Report”, Beggs sits down with National Auto Auction Association president Ellie Johnson and president-elect Mike Browning to discuss this year’s highlights as well […] [Read More]

ADESA announced right before the holidays the appointment of a new fleet/lease manager at ADESA Dallas. Ronna Webb, formerly the director of CRM and inside sales at ADESA, takes on the position of fleet/lease manager backed by 27 years of experience in the industry. “Ronna is an industry veteran with a proven track record of […] [Read More]

Insurance Auto Auctions recently expanded two of its branches in Tulsa, Okla., and Des Moines, Iowa. Officials highlighted that both locations add to IAA's capacity to service customers in key markets and demonstrate IAA’s continued commitment to providing buyers and sellers with greater convenience and access to increased inventory. IAA's Tulsa facility is located at […] [Read More]

As we head toward Christmas, ServNet member auctions have been busy working to help the less fortunate during this holiday season. Pittsburgh Auto Auction, for example, raised funds for A Child’s Place at Mercy, part of the Pittsburgh Mercy Health System for its volunteerism this October, culminating in a $15,000 check for the local charity. […] [Read More]

Manheim Pennsylvania announced that it will have more than $30,000 in prizes slated for three of its year-end sales. Scheduled for its Dec. 18, Dec. 19 and Jan. 2 sales, the auction will host the following themes on each of the dates, respectively: Naughty and Nice Mega Sale: For Mercedes-Benz dealers, Dec. 18; this closed sale […] [Read More]

Auction volume in November was up more than 6 percent against comparable weeks of 2013, pushing year-to-date growth to 4.4 percent.  These statistics are part of the National Auto Auction Association’s latest Economic Dashboard, which is prepared by NAAA economist Ira Silver. Another November indicator cited in the report is used-car sales. These were up modestly […] [Read More]

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]